Brothers on the mountain top, wake up! $HYPE The multi-head feast has ended, the main upward wave for the bears has just begun!

After a tenfold increase, don’t talk about faith anymore, those standing on the peak now are not warriors, but bagholders.

Monthly unlock + core contributors cashing out ≈ enormous selling pressure!
On June 6th, a core contributor token unlock worth about 690 million USD was just completed, with over 61% of the total supply still locked, and new chips will hit the market every month — this kind of "dull knife cutting meat" supply release is not background noise, but real cash selling pressure. No one knows how contributors will handle their tokens after unlocking, but historical experience tells us, who will hold and not sell?

Technical indicators all flashing red, $60 is the death ceiling!
Ali Martinez clearly warned, TD Sequential sell signal + RSI overbought overheating triggered simultaneously, every time this combination appears in history, a sharp correction follows. HYPE is currently struggling below the resistance zone of $59-60, once momentum weakens, the retracement target is directly at the $40 area. Looking at the current chart, after being resisted around $65 and falling back, it has been sideways in the $57-59 range for several days, signs of upward weakness are obvious.

Market sentiment has quietly changed!
Hyperliquid platform whales’ overall long-short ratio has fallen below 1, short positions exceed long positions, with a net profit of $173 million from shorts, while longs are at a loss of $212 million. Derivatives traders’ sentiment has shifted — take a close look.

Mig’s dual-direction trading suggestions: short near the 57.5 - 59 range; go long near 54-53.5.

The deadly signal of the triple top — these three reasons together, if you’re still long, I really have to call you a "warrior"! Brothers, this is not a pullback, it’s a trend reversal!

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