$HYPE Have you figured out how to buy the dip?
Caibao opened a short position at 81.8, and the price has already fallen to $72! Did you dip-buyers get it right? The short’s $75 target was hit perfectly—whoosh~
Guys, it looks like HYPE may have a hard time climbing above $100 in the short term! It peaked at 97.193 in the last rally, then steadily fell back. Put simply, the positive news only brought a temporary buzz. Traders jumped in early, and once the news was priced in, buyers failed to follow through. We’ll probably need a new catalyst for it to break higher!
There’s been no good news, but bad news has arrived first: a whale unstaked 510,000 HYPE tokens and may sell them! This shows that whales could dump their holdings at any time!
The market is currently testing support at $70. If it breaks below that level decisively, the decline could accelerate. Whatever you do, don’t rush to buy the dip now and catch a falling knife for the whales! At current levels, it’s best to stay on the sidelines!!
Caibao opened a short position at 81.8, and the price has already fallen to $72! Did you dip-buyers get it right? The short’s $75 target was hit perfectly—whoosh~
Guys, it looks like HYPE may have a hard time climbing above $100 in the short term! It peaked at 97.193 in the last rally, then steadily fell back. Put simply, the positive news only brought a temporary buzz. Traders jumped in early, and once the news was priced in, buyers failed to follow through. We’ll probably need a new catalyst for it to break higher!
There’s been no good news, but bad news has arrived first: a whale unstaked 510,000 HYPE tokens and may sell them! This shows that whales could dump their holdings at any time!
The market is currently testing support at $70. If it breaks below that level decisively, the decline could accelerate. Whatever you do, don’t rush to buy the dip now and catch a falling knife for the whales! At current levels, it’s best to stay on the sidelines!!
