### #HYPE Long/Short Game 🔥 Hype Index: ⭐⭐⭐ 【Event Snapshot】 HYPE (the ecosystem token for Hyperliquid) has been extremely volatile recently. The long and short sides are locked in a fierce battle, with frequent price wicks (flash crashes/spikes) in the market. The current trend of HYPE is a typical "meat grinder" (choppy market). - Technical Analysis: There are a lot of bag holders (trapped longs) above, and strong whales (market makers) supporting the price below. Playing with futures/contracts at this time is无异于 (no different than) donating trading fees to the exchange. - How to view it? If you are a spot holder, just hold tight and wait for the ecosystem to explode. If you are a futures trader, it is recommended to avoid this period and wait until the trend is clear before entering. Do not trade frequently in a sideways/volatile market; that is a major taboo! Summary: The news landscape this week is very complex, with both major bullish signals and huge bearish traps. In your trading operations, always remember: Follow the trend, and strictly control your positions!