$HYPE The liquidation map reveals a "aircraft graveyard," with 55.5% of the decisive battle in the Asura field!

In the crypto market, retail investors' despair often marks the beginning of greed for whales.

First, look at the news: a mysterious address injected 3 million USDC into Hyperliquid and opened a 36,097 ETH long position with 20x leverage! During the Nasdaq plunge and market panic, this kind of "cutting through blood" operation is often a precursor to a trend reversal.

Combined with the HYPE 1-hour chart, the price stopped falling at 55.58, and the MACD bottom divergence shows an initial golden cross. The liquidation map indicates a large accumulation of shorts in the 56-61 range. Once it breaks through 56.5 neckline, it will trigger a "chain of short squeezes," forming a strong short covering.

But the smart money overview chart exposes the truth: out of a total position of 155 million U.S. dollars, the average cost of shorts is 60.7. Currently, it is profitable but highly passive. This means the main players have finished deploying positions at high levels and are waiting for the right moment to harvest.

Long and short strategies

Long: around the current price of 55.5-55.8, target 57.8-59;

Short: around 58-59;

Personal opinion:

Based on the whale movements, technical rebound needs, and the extreme smart money long-short ratio, HYPE has a strong short-term upward testing demand, and a slaughter against the shorts above is imminent.

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