$TSLA perps on Hyperliquid went 17x volume in 1 hour after US market close. Price pumped 4.9%.

Then reality hit: actual $TSLA stock closed -2.12% when US markets opened.

Volume ≠ direction. Volume = both buys AND sells.

Pre-market derivatives pricing in hopium while the real asset dumps? Classic degen trap.

Don't fade the underlying. Perps are sentiment, not truth.