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Bears, run! Why won't $HYPE crash? Get in at 91!
HYPE keeps climbing without a deep pullback, thanks entirely to firm support from traditional capital: ICE teamed up with TradeXYZ to launch U.S. contracts, Druckenmiller confirmed he’s in, and Musk’s one-word “Interesting” lit the fuse; the protocol bought back about $62.3 million over 30 days, while Hyperliquid Strategies spent another $167 million to add 1.9 million tokens. Over a 30-minute period, 12 whales held 3.64 times as many long positions as short positions. Short liquidations forced $30.86 million in shorts to close, further locking in the downside.
Trading idea: Aggressive traders can go long at 91, with 95 as the initial target, pending breakout confirmation.
Trading volume has pulled back from its peak, but the price is holding firmly above 91—do you think this is the bears’ last gasp, or a pit stop before the next big green candle?
#BTC大跌