Whales just retreated and then struck back! Short positions entered around 73; this time, don’t stand guard! The market is always changing, the only constant is the main players’ harvesting tactics. HYPE is currently around 73; the strategic advice for aggressive traders is: try shorting with a small position. Don’t rush, let me break it down. Is the whale’s “retreat and strike” a smoke screen? Last night, Garret Jin just closed his position at 73.58, and today he turned around and bought $5.06 million worth of HYPE near 72, still placing TWAP orders to keep buying. Is it a front to secretly pass through? He’s buying while creating a false impression—do you really believe he’s purely bullish? Smart money has already shown signs of retreat; the bullish profit ratio has dropped from 67% to 63%, indicating that smart money is starting to buy and sell simultaneously. Although the total holdings are increasing, the average opening price is rising, suggesting that the chips chasing longs at high levels are accumulating. The hourly chart shows a downtrend, and the daily chart’s M-top structure is becoming clearer. The liquidation map indicates a dense short zone around 77, with longs around 70. The main players are likely to first push the price near 75 to lure more longs, then turn around and push down toward 70. Trading strategy: aggressive traders should lightly short around 73, with the first target at 71.5 and the second at 70. #我的Gate交易时刻 $HYPE

HYPE-6.81%
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