#hype Surging above 97 dollars and breaking out, kicking off a new round of price discovery—everyone in the market is expecting a push toward the $100 mark! During the Asian session, it briefly touched $97.32, before slipping slightly to around $96. This rally was driven jointly by spot buying and derivatives capital; $HYPER
has already set a new all-time high. By comparison, many blue-chip coins still have a huge gap to their previous highs. HYPE trading volume also refreshed the record—single-order volume surged to $1.15 billion. Trading is no longer as highly concentrated, which indirectly reflects a warming in market sentiment. However, high-level rallies are accompanied by sharp volatility, and chasing after price increases carries considerable risk.