$HYPE Rising wedge, a pullback that fails to break higher indicates a bearish pattern. The one mentioned on the 17th has already played out, right? The potential move has over 10% room. #加密市场小幅下跌

$HYPE HYPE Previously exited a rising wedge pattern; the swing highs have been gradually lifting while the amplitude is narrowing, and the bullish momentum has clearly begun to exhaust. At present, the price has fallen below the lower wedge boundary and has shown a pullback, but it has failed to regain the trendline, confirming that the support below has turned into resistance.

The current price is consolidating in a narrow range around 43.55. For overhead resistance, watch the 43.80-44.00 area; if it rebounds up to this zone and faces renewed pressure, the bearish structure will be further confirmed. For support below, first look at 43.00; if it breaks, then look at 42.50 or even lower

A wedge breakdown + a pullback that can’t be followed by reclaiming it is a typical bearish signal. For execution, you can consider initiating a light short position based on the resistance level, with strict risk controls. 📉#Anthropic与OpenAI竞争升级