$HYPE After the spike higher, volume expands and then pulls back—what are the funds doing?
$HYPE
After this move takes it up to 82.687, it immediately starts getting smashed downward. On the chart, the trading volume is clearly expanding.
A lot of short-term money cashes out their profits right here, while the retail traders who chased the rally end up buying the chips at the high.
Now the momentum in the bulls has cooled down somewhat. The key is whether the 77–77.5 area can hold up the selling pressure.
If buy-side demand can’t keep up, the short-term profit-taking will continue to move out, and pullback pressure will build.
For this kind of high-volume surge followed by a pullback, do you think the funds are running away or washing the market?👇
$HYPE
After this move takes it up to 82.687, it immediately starts getting smashed downward. On the chart, the trading volume is clearly expanding.
A lot of short-term money cashes out their profits right here, while the retail traders who chased the rally end up buying the chips at the high.
Now the momentum in the bulls has cooled down somewhat. The key is whether the 77–77.5 area can hold up the selling pressure.
If buy-side demand can’t keep up, the short-term profit-taking will continue to move out, and pullback pressure will build.
For this kind of high-volume surge followed by a pullback, do you think the funds are running away or washing the market?👇
