$HYPE Sideways trading at 55.7! The bears are floating a profit of 7 million but dare not add positions, a rebound is imminent!

Brothers, take a look at this candlestick, HYPE price at 55.7, standing above the middle band of the Bollinger Bands at 55. MACD fast and slow lines are about to form a golden cross, green bars are already emerging—bullish momentum is brewing. RSI still has room before reaching overbought levels.

Smart money data is the key: bears' average cost is 60.7, floating profit of 7.06 million, profit ratio 53%; bulls' average cost is 56.88, floating loss of 1.41 million. Bears are making money and could take profit and close positions at any time, which would push the price higher. The long-short ratio is 92%, bears are in the lead but already highly profitable, showing little willingness to continue selling down.

Operational strategies:
Aggressive: go long near the current price of 55.5-56
Conservative: wait for a pullback to around 53-54 before going long

Remember, bear closing positions is the biggest fuel for bulls. HYPE this wave, aiming for a rebound to 58! #美国5月CPI创三年新高