$HYPE The market rebounds nearly 50% against the trend. Is it an opportunity or a trap?
On-chain whales are heavily leveraged and gambling, with FOMO sentiment running high. But smart money has quietly retreated, and the long-short game has entered a fever pitch.
The HYPE price structure is fragile, facing dual pressures from large-scale liquidations and the launch of competing products. The risk of chasing high prices is extremely great, and ordinary traders are likely to become "the bag holders."
Recommendation: Stay on the sidelines and wait for the storm to pass.
Additionally, #Synbo everyone should pay close attention to.

HYPEUSDT
Perp
37.29
+21.50%