Nasdaq drops 2%, HYPE Treasury PURR crashes 8%! Sensors: 56 short, over 50, watching the show in the middle

Macroeconomics: Not stopping the bleeding, don’t get caught up in bottom-fishing—rebound is a trap for bears, sharp drops are opportunities for bulls.
News: US stocks crashed again, HYPE ecosystem can’t hold up either, this morning Nasdaq fell nearly 2%, HYPE Treasury company PURR plummeted 8.24%.
Macro rate hike expectations weigh heavily, crypto market liquidity tightens, the probability of HYPE moving independently is very low.
Good news doesn’t come out, bad news hits hard—don’t expect a V-shaped reversal for now.
Technical: Daily bearish arrangement, 1-hour weak rebound.
Daily chart: Price at 54.36, still grinding near the lower Bollinger Band at 50.6.
MACD death cross continues downward, RSI at 36 in oversold zone, main trend remains bearish.
1-hour chart: Rebounded weakly from 52.6 to 54.5, RSI back to 50, MACD shows a golden cross, short-term rebound momentum exists, but resistance at 55.5-56 is heavy, easy to be pushed back.
Liquidation map + smart money analysis:
Liquidation map: Current price at 54.4, heavy liquidation zones below at 52-53, breaking below 52 will trigger chain reactions; above at 56-57 is the short liquidation zone, a rebound here will trigger a bull explosion, so around 56 is an excellent short entry point.
Smart money:
Average short cost at 60.8, profit of 10.58 million;
Longs cost at 56.84, loss of 3.3 million.
Bears dominate the market, the long-short ratio is only 81.77%, no one dares to bottom-fish on the left side.
Personal view: Yesterday’s short at 57 to 52.6 perfectly took profit, today continue “high short, low long”:
👉 Short: wait for rebound to around 56 to short, target 52-54.
👉 Long: wait for pullback near 50 to long, target 53-55.
Summary: Short at 56, stay above 50, watch the show in the middle.
The overall environment hasn’t warmed up, don’t fear missing out, just fear holding onto positions.
#美国5月CPI创三年新高 $HYPE