You need to clearly see the current market situation of HYPE, don't just get excited because it's rising.

This wave has been climbing steadily from the low point of 56.86, with a very stable rhythm, not breaking previous lows during pullbacks, with higher lows and higher highs, and all the dips have been absorbed. Now it has reached a new high of 62.59, with all three moving averages turning upward, clearly indicating an upward channel controlled by bulls. Moreover, there was a large buy order exceeding 32 million USD just recently, showing that it's not just retail traders speculating wildly; genuine funds are involved, and the support is solid.

But there are also hidden risks. Now it’s approaching previous resistance levels, and above 62.59, there is a lot of trapped sell orders, with large sell walls densely stacked at 62.44 and 62.45. To push further up, more money needs to be invested. The rapid rise has almost exhausted the bullish momentum; without new funds stepping in, it’s easy to be knocked down. Those chasing at high levels are just catching the bag.

Next, don’t rush blindly. Entering now carries risks that outweigh the rewards. If it can hold above 62.59, there’s hope; if it can’t break through and falls below 61.5 support, don’t stubbornly hold on—take some profits and run. This kind of coin rises and falls quickly, so don’t cling to the hope it will keep going up. It’s safer to take profits when the time is right. #分享美股交易赢英伟达股票 $HYPE