I am Qi He, just now while reviewing and monitoring, I saw a piece of news that made my back tighten, combined with several key signals from the HYPE hourly chart, I decided I must explain it to everyone right away! This relates to whether your wallet will be fat or flat tonight.


News front: top air force, suddenly 'chickened out'?


You see the first picture, that 'shanzhai air force head' that makes 7 million USD a month, what did he do?
Closed a large number of short positions: no more aggressive, switched to defense.
Withdrew 2 million USD: this is obviously part of securing profits, seeking stability before the holiday.
The most outrageous operation: took out 7.8 million USD, bought HYPE spot, and simultaneously opened an equivalent short position for hedging!
He's optimistic that HYPE won't fall further in the short term, and might even rise, so he bought spot; but he's also worried about a potential market downturn or some black swan event, so he simultaneously opened short positions as "insurance." Pretty shrewd, right? What does this show? It shows that even the leading bears are hesitant at this level, afraid to blindly short!


Technical signal: MACD is above the zero line, but the key level has been reached!


Let's look at the second chart, the 4-hour candlestick chart.
The current price is 24.664. What a coincidence! It hits the "target support" marked on the chart.
Resistance levels: 25.7, 26.7. Support levels: 24.66, 23.58.
MACD: The white and yellow lines have indeed crossed the zero axis, which is a sign of increasing bullish momentum.

What should players do? Remember these points!
Don't chase the rally: The MACD is currently above the zero line, which looks good, but if there's no volume to support a move to around 25.7, it might be a short-term "tail end" rally with little profit and many pitfalls.
Key level trading: The real opportunity may appear when the price retraces to 24.66 and holds, or when it breaks through and holds above 25.7 with high volume. For now, observe more and act less.
Learn to read the actions of large funds: Like this "bearish engine" pattern, its hedging strategy tells you that the trend at this level is unclear. What's the best strategy for us small investors? Either wait for a more certain opportunity on the right side, or test the waters with a small position at key support levels, and be sure to set a stop-loss order!

Qihe's personal opinion:
Tonight, the probability of a direct, violent surge breaking through 25.7 is low! But the probability of a direct drop to 23.58 is also relatively small!
A more likely scenario is that the market will fluctuate and oscillate repeatedly within the 24.66-25.7 range drawn by this "bearish leader" with real money. He's playing the hedging game, and the market needs time to choose a direction.

The first possibility is that if market sentiment improves and altcoins follow suit, HYPE might rely on the strong support level of 24.66 to launch another upward attack, testing or even briefly breaking through 25.7. However, whether it can hold this level depends on trading volume; I suspect there will be significant selling pressure here.
The second possibility is that if the overall market remains weak, it might retrace to confirm 24.66 again, or even briefly break below it to trigger panic selling, before rallying again. Remember, there is still ultimate support at 23.58.


I'm Qihe from the crypto world. Follow me and I'll teach you how to capitalize on this market trend and make a killing! If you're unsure how to time your entry points, I'll provide real-time analysis in the community, offering the best entry point for the moment.#加密市场观察 $HYPE