$HYPE has broken through the strong support at 30U, can it withstand this round of the bear market!?
The indirect reason for this round of market correction is the release of 26,000 hype tokens by the team, resulting in significant selling pressure!
From the perspective of market logic, Hype is actually following the path of dydx, which has basically cooled down now. With such a high market cap, it is indeed difficult to maintain momentum; the daily chart is about to break the previous low, and with the current bear market, funds will be more cautious!
A major whale has already lost 15 million dollars while bottom-fishing Hype, with a liquidation price at 22. Brothers, find a stable position to bottom-fish and take advantage of the rebound!
Sister Fei will deploy shortly, those who are optimistic come!! @带单菲姐
