🔥 $HYPE This wave is clearly not just blindly following the broader market higher.
OI has surged to $8.8 billion, setting a historical high. Both capital and leverage are flowing back in. Platform revenue is also accelerating: daily revenue climbs from $1.5 million to $3 million, and in August it briefly broke above $5 million.
More importantly, the revenue continues to be used for buybacks of #hype . In Q3, the weekly buybacks at one point reached about $20 million.
HYPE has risen about 88% over two months, and in September it touched $96. For the short term, watch the $100 level closely; if it breaks through, look for $102–$118.
The logic hasn’t broken, and the trend is still intact. If $100 can hold, more upside remains open; if it rallies higher with increased volume but stalls, be cautious of a pullback. #加密市场总市值重回3万亿美元
OI has surged to $8.8 billion, setting a historical high. Both capital and leverage are flowing back in. Platform revenue is also accelerating: daily revenue climbs from $1.5 million to $3 million, and in August it briefly broke above $5 million.
More importantly, the revenue continues to be used for buybacks of #hype . In Q3, the weekly buybacks at one point reached about $20 million.
HYPE has risen about 88% over two months, and in September it touched $96. For the short term, watch the $100 level closely; if it breaks through, look for $102–$118.
The logic hasn’t broken, and the trend is still intact. If $100 can hold, more upside remains open; if it rallies higher with increased volume but stalls, be cautious of a pullback. #加密市场总市值重回3万亿美元
