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💥$HYPE Is this sharp drop a golden pit or a halfway point?
HYPE is currently at $61. Nannan personally thinks this level is worth a closer look. Yesterday it was more about adjusting with the overall market. Looking at the volume structure, it feels more like fund rotation than a logic reversal. The chain is still operating normally, with another 43.6k tokens burned in the past 24 hours. Supply deflation hasn't stopped, and circulating tokens are getting scarcer. Panicked sellers hand over their chips, smart buyers pick up bargains. By the time ETF funds flow back and the burn continues, if you wait until it rallies back to $70 to chase, the cost difference is already huge.
Nannan's personal trading view: Place staggered buy orders around $60–$62, mainly spot, with a stop loss below $58. First target $70, and if it holds, look at $75–$80.