Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Looking at the HYPER recent market trend, the four-hour chart has already peaked, and the daily chart is following with a spike. From this rhythm, it’s clear that the main force is distributing chips at high levels.
Combined with the one-hour correction pattern, the risk at this position is not small. The current price is around 155. If you choose to enter short positions, be mentally prepared for a potential waterfall decline at any time. The market may move faster than expected.
The technical signals are already very clear; it mainly depends on how market participants react. Friends looking to catch the bottom should carefully assess the current situation and avoid being fooled by false breakouts at high levels.