Honestly, this market really can be frustrating. 🔥📉 A few days ago, in the early morning, $ETH trying back and forth at high levels, it looked quite lively on the surface, but the more I watched, the more I felt something was off: unlimited surge, weak support, no one willing to continue supporting after going up. During the market top formation, I kept an eye on ETH's rebound strength, several attempts to push higher failed to stabilize, and resistance remained. Around 2086.14, I immediately shifted my mindset to a bearish stance, signaling to open a short position, not to compete with that fake breakout 👀 Now the price has reached 1724.81, with gains already showing +3009.96%, this move was worth the wait, the previous grind was real, and the breakout was truly satisfying 🎉🎯💰 It's time to take profits. When making money, the biggest fear is suddenly getting overexcited. So, here I’ll close 80%, don’t be greedy for the last bit ✅ Remaining 20% to protect the cost basis, if it continues to drop, let the profits run, and don’t disrupt the rhythm if it rebounds 📌🛑 If you missed it, don’t chase; chasing can easily lead to losses ⚠️ There will be more opportunities later, wait until the next structure is clear, and look for a better position 🔔 ‍$BTC $SOL

A few days ago I was grinding, today I got the results directly! 🚨📉 The last look before bed at $BTC , holding the high position without selling, watching the rebound for fun, but actually each layer is losing strength. A few days ago, when I was watching BTC in the early morning, I had a feeling: the resistance above hasn't loosened, but the buying pressure can't keep up, and this kind of position is most afraid of suddenly weakening. So I initially shorted at 76861.4, now it's down to 63749.7, +2964.82%. This wave of profit-taking has been quite sufficient 💰🎉. The gains that should be realized are finally here, and this short position has been quite smooth. First, close 80%, leave the remaining 20% at the cost price for protection, and if it continues to drop, let the profit run; don’t be greedy for the last segment ⚠️✅. This piece of meat is first put into the pocket, and I feel at ease. Don’t get emotionally attached to profits. When it’s time to close the net, don’t hesitate. If you missed it, don’t chase; wait for the next clear signal, the market is not short of opportunities 👀🔔. ‍$ETH $SOL

$70 HYPE, do you dare to buy the dip? Arthur Hayes just called for $150, then sold all his HYPE holdings. While everyone is panicking and cutting losses, Bitwise bought $20 million in a day, and ETF inflows are nearing $36.4k. The big players have left, institutions are coming in—so is this the top, or a golden pit? First look at the surface: big players are clearing out, retail investors are panicking. On June 4th, Arthur Hayes liquidated all HYPE and NEAR, citing Middle East conflicts boosting energy prices, AI giants IPO siphoning funds, and Trump possibly adjusting AI policies. The price dropped from $76.9 down to around $66. KOLs collectively mock, retail investors panic and place sell orders overnight. But then look at another set of data: Bitwise bought $20 million worth of HYPE in a single day, and staked $55 million. The three HYPE ETFs—Bitwise’s BHYP, 21Shares’ THYP, Grayscale’s HYPG—have accumulated nearly $183 million in net inflows since May. Same news: Hayes called for $150, you chased high; Hayes liquidated, you cut losses—so I ask, who is actually buying? First thing: Arthur Hayes liquidating has nothing to do with you. Hayes probably bought HYPE below $20. He made a 3x profit and took profits, then moved on to the next target. You panic and sell at $70, while someone else bought at $20—you're in the same market, but you're not doing the same trade. Big players liquidating doesn’t necessarily mean the top; retail panic doesn’t mean the bottom. Hyperliquid Strategies’ corporate treasury still shows huge unrealized gains, institutional holdings remain firm, they haven't run. Second thing: this fundamental strength is mind-blowing. Hyperliquid has accumulated $3.64 trillion in trading volume, with nearly $1 billion in revenue. Monthly trading volume is about $240 billion, annualized revenue close to $900 million. And then? 97% of trading fees are used to buy back and burn HYPE. Total buybacks exceed $2 billion, nearly half of last year's entire crypto token buyback activity. Over 46 million tokens have been burned. Monthly active users grew 21.8% over five weeks, reaching 220k. DEX perpetual contract market share soared from 23% in January to 56.31%. Translate into plain language: The more profitable the platform, the more it buys back. The more it buys back, the less circulating supply. The less circulating supply, the more resilient the price. This is a deflationary flywheel—the most straightforward model in the entire crypto market. Third thing: technical analysis, the bulls are not dead. From $76.9 retracing to around $66, with decreasing volume on the pullback and increasing volume on the rebound, the structure is healthy. Key support at $64–66, buyers are actively defending this zone. EMA50 is supporting at around $68. Analyst Ali Martinez points out that the next major upside target for HYPE is $97; if the rally continues, it could even reach $163 in the long term. As long as $64–66 holds, the trend remains bullish. Breaking $77 could restart the price discovery process. One side says: Platform’s daily massive buyback and burn, continuous deflation model Three US HYPE ETFs launched, institutional funds flowing in Monthly active users skyrocketing, market share from 23% to 56% Whales keep accumulating in the $66–70 range Analysts see $97–$163 The other side says: Arthur Hayes liquidated, KOLs collectively bearish Monthly unlocks cause some selling pressure BTC still oscillating around $63k, dragging overall sentiment Short-term technicals need to digest profit-taking at high levels Key level at $70, just 10% away from breaking $77. Resistance above: $73 → $76.7 (ATH) → $80+ Support below: $68 → $65 → $60–62 Short-term traders: Wait for a dip to $66–68 to buy in tranches, stop-loss at $64 (if broken, exit). First target: sell half at $73–75. Chase breakout above $77 with volume, stop-loss at $74, target $85–$90. Don’t chase high; if you buy at this level, a correction could wipe you out. Swing traders: Range between $65–$68, stop-loss at $62. Target $85–$100, add positions on breakout above $77. This is a high risk-reward zone. Long-term believers: DCA blindly, buy every month in the $65–$70 range. Target $150–$200. Betting on DeFi leaders + buyback flywheel + ETF funds flowing in continuously. HYPE’s current situation is like SOL in 2023— Rising from $8 to $200, experiencing countless “big players selling + unlocking dumps” scares. But what’s the result? Every major rally uses the most terrifying ways to shake you off. Arthur Hayes has sold, institutions are coming in. KOLs are bearish, but fundamentals are stronger. $76.9 #我的Gate交易时刻 is not the top, just a comma.