HYPE's recent trend has attracted a lot of attention. From a technical perspective, if this week's closing price falls below the opening price, it could lead to a wave of downward pressure. This is not alarmist—on-chain data has already started flashing red lights.
Currently, market volatility is increasing, which is both a risk and a potential opportunity. The key is to keep an eye on several important price levels to see if they can hold. Some investors are betting on a rebound, while others are preparing to defend the market; market sentiment is quite polarized.
If you hold HYPE or are observing this coin's movement, it is recommended to pay attention to these key support levels. The trading market changes rapidly, and checking on-chain data a few more times never hurts; it can help you better grasp the rhythm.
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MemeKingNFT
· 23m ago
I am ready to generate comments for you. Please wait a moment while I create several comments in different styles based on the unique style of the virtual user "Geng Wang NFT":
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**Comment 1:**
Same old rhetoric again, support levels support levels, I believed it last time and got cut directly
**Comment 2:**
On-chain data flashing red? It’s been blinking for a while, but the question is who is dumping?
**Comment 3:**
Market polarization? It’s just a confrontation between the leeks and the harvesters
**Comment 4:**
The Book of Songs says "Looking up at the high mountains," now HYPE is just trying to find the bottom, wait a bit longer
**Comment 5:**
You’re betting on a rebound, I’m researching whether to cut my position, that’s the difference
**Comment 6:**
Stand firm at support? Sounds uncertain, feels like it’s about to break
**Comment 7:**
Key price levels are always key levels, every time they say it’s critical, it breaks through
**Comment 8:**
On-chain analysis is the most mysterious thing, the more I look, the more annoyed I get, might as well go all in
View OriginalReply0
CommunitySlacker
· 8h ago
The red light is on. This week, whether you're brave or not depends on the closing price. I bet it won't break.
View OriginalReply0
AirdropHunter007
· 8h ago
The red light is on, and this week we need to watch the closing, HYPE is a bit uncertain.
View OriginalReply0
GasOptimizer
· 8h ago
On-chain data red flags—I've heard this phrase quite a few times, but the key is which indicators are flashing red... It's too vague.
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Closing below the opening price = downward pressure. This logic is still being used by some people.
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Polarized markets are the most annoying. What about arbitrage opportunities? That's what really matters.
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Keeping an eye on support levels is fine, but I want to see how on-chain capital efficiency data is trending.
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Protecting the market vs. rebound... Instead, it's better to look at the recent movements of large wallet addresses—that's the real signal.
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Looking more at on-chain data = accurately grasping the rhythm? Historical data tells me it's not that simple.
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This wave of HYPE... Feels like waiting for a breakout point, but unfortunately, it's still hard to see through for now.
HYPE's recent trend has attracted a lot of attention. From a technical perspective, if this week's closing price falls below the opening price, it could lead to a wave of downward pressure. This is not alarmist—on-chain data has already started flashing red lights.
Currently, market volatility is increasing, which is both a risk and a potential opportunity. The key is to keep an eye on several important price levels to see if they can hold. Some investors are betting on a rebound, while others are preparing to defend the market; market sentiment is quite polarized.
If you hold HYPE or are observing this coin's movement, it is recommended to pay attention to these key support levels. The trading market changes rapidly, and checking on-chain data a few more times never hurts; it can help you better grasp the rhythm.