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$HYPE Deadly multi-head trap! A big bearish candle, causing you to doubt your life!
The real slaughter hasn't started yet, the bears are sharpening their knives!
The liquidation map shows: long positions piled up like mountains below, ready to collapse at a touch!
Currently at 66.23, massive long liquidations are concentrated at 65.64, 65.00, 64.52 on the left! Once the hourly drops below 65.6, leveraged longs will explode like dominoes, directly breaking through 64! Don't forget, the average long opening price is 64.8, with only 32% profit, while shorts are up to 68%—who's making money? Smart money has already turned!
Whale selling + massive unlocking pressure at the top!
In a week, 678 million HYPE tokens will unlock, whales' cost basis is ridiculously low, current price is an excellent window to sell! Galaxy Digital accumulating? That's to push the price up for distribution, now is the time to exit if you haven't! Negative funding rates indicate bears are in control, MA7/25/99 all pressing down on you, rebounds are just giving money to the bears!
Mige's long and short dual operation suggestions:
Short now near 66 – 66.5, go short directly, conservative traders can wait for a rebound to around 67.7 - 68 to enter; for long positions betting on a rebound, enter lightly: quick in and out after a sharp drop at 64.2 – 64.5
Summary: The bulls' leverage is at its limit, multiple moving averages heavily suppress the price, unlocking sword hanging overhead! There is only one direction—south! Don't be the bagholder, this wave of profit is given by the bears, allocate enough positions, if it breaks below 64, add to your position! Follow us, see you at the top!