$HYPE Going crazy! Bears’ party is here—are you ready?

Earlier, Lao Lin was still saying that around 60 is the final line of defense between long and short positions.

But the market wouldn’t give them face. The shorts went in full force—continuously smashing the market, pressing the longs down and grinding them.

One big bearish candle after another, and many people started to panic:

“Is it over? Are we going to zero?”
“Did the giant whale just run?”
“Is this drop finally completely cooling off?”

Market sentiment is just that interesting: when things are wild, it gives you confidence; when panic hits, it gives you liquidity to trade.

In this HYPE selloff, besides a technical adjustment, the more important thing is the release of panic selling. The late-chasing capital starts cutting losses, and the chips get reshuffled.

Lao Lin doesn’t dare to say there will be an immediate reversal here, but one thing is very clear:

The closer you get to the level that nobody dares to look at, the easier it is for capital to end up in a contest.

Next, Lao Lin’s main focus is on HYPE’s low-level support and follow-through. If capital starts flowing back in, this kind of oversold asset often has elasticity that’s not small.

🔥 When the shorts are feasting, the longs are also quietly sharpening their knives.

The market won’t reward people who chase price rallies and sell offs—it only rewards those who set up early.

For now, Lao Lin is still sitting on an unrealized loss....