$HYPE It’s very clear now: the shorts have been controlling the show all along, while the bulls can’t push it up~

Every time the price rebounds to a resistance level, it gets immediately hammered back down; low volume + repeated failure—this is a typical weak-market structure. The funding rate has been persistently low for a long time, even negative, which is completely mismatched with the price! Superficially it holds up, but underneath the capital is already pulling out.
No new story, no new money—don’t try to bet on a reversal in this kind of market. Once the trend gets going, it’s not that easy to turn around. Extreme sentiment doesn’t mean the bottom has to be in either; the market often moves in the opposite direction of where most people are heading!
Short for the medium-to-short term, set your stop-loss properly, and target the prior low. The direction is clear—don’t bottom-fish in a downtrend! #USDT充值理财双重奏