Stay locked in! Three major whale addresses are sweeping up at the same time—HYPE’s next stop: a spike that blasts to $60!

Brother Wan’s view: In the short term, HYPE pulls back but fails to break below $58.2, and the bulls will aim above $60.

The whales are accumulating with real money—over the past 24 hours, TWAP net bought $11.5 million; address “0xC5A” added an additional $4.34 million in a single transaction. It’s also suspected that 10 addresses possibly linked to a16z are accumulating in sync. This isn’t retail behavior—it’s the big players “planting mines” in the liquidation zone.

From the liquidation chart, a large number of long positions are piled up below $58.2 (the BOLL middle band) for strong liquidation, but the price has never effectively broken down. SAR (56.76) and the BOLL lower band (56.34) form a solid “iron bottom,” while short liquidation pressure is concentrated around $60. Once $60 is breached, shorts will trigger a chain liquidation.

Brother Wan’s trading recommendations:
Open a light long position around the current price of $58.9, targeting $60.0.
If it pulls back to $58.2, add to the position.

Whale accumulation plus a technical double-bottom support; the bearish crude oil news has already been digested. After the main players borrow fear to accumulate, they will most likely push higher and trigger a massive short squeeze.

#TradFiCFD黄金大师赛 #美国5月CPI创三年新高

$HYPE