#Hyperliquid
$HYPE
The current market generally holds a bullish view on HYPE, but I still adhere to a bearish perspective, with clear and definite reasons:
1. The daily level has consecutively recorded 6 upper shadows, repeatedly testing the 46 level without an effective breakthrough, indicating significant selling pressure above. After a prolonged inability to break through, the market will likely need to pull back to gather strength; only after a sufficient turnover can there be a possibility of continuing to break upwards.
2. The 8-hour MACD has been in a high divergence and empty state for a long time, showing a strong demand for correction; the 12-hour level also displays high divergence, with medium to long-term cycles resonating weaker, making a short-term pullback and correction a technical necessity.
3. The upward drive brought by news is merely a short-term pulse, with limited sustainability; the market will ultimately revert to technical logic. Currently, all indicators point towards adjustment and correction; just patiently follow the market's rhythm without anxiety or impatience.
The initial target for short positions is 42-40, followed by 38-35.
Subsequent market movements should focus closely on the 46 key level for bulls and bears: only with a substantial volume breakthrough will the market officially begin to rally; until then, the high short perspective remains dominant.
$HYPE
The current market generally holds a bullish view on HYPE, but I still adhere to a bearish perspective, with clear and definite reasons:
1. The daily level has consecutively recorded 6 upper shadows, repeatedly testing the 46 level without an effective breakthrough, indicating significant selling pressure above. After a prolonged inability to break through, the market will likely need to pull back to gather strength; only after a sufficient turnover can there be a possibility of continuing to break upwards.
2. The 8-hour MACD has been in a high divergence and empty state for a long time, showing a strong demand for correction; the 12-hour level also displays high divergence, with medium to long-term cycles resonating weaker, making a short-term pullback and correction a technical necessity.
3. The upward drive brought by news is merely a short-term pulse, with limited sustainability; the market will ultimately revert to technical logic. Currently, all indicators point towards adjustment and correction; just patiently follow the market's rhythm without anxiety or impatience.
The initial target for short positions is 42-40, followed by 38-35.
Subsequent market movements should focus closely on the 46 key level for bulls and bears: only with a substantial volume breakthrough will the market officially begin to rally; until then, the high short perspective remains dominant.