HYPE's recent trend has indeed been quite aggressive. The middle band of the Bollinger Bands has been broken, the KDJ indicator has formed a death cross, and the MACD is still in the negative zone—these signals combined indicate significant bearish pressure. From a technical perspective, the short-term downside risk is evident. If it cannot rebound at a key level, it may directly approach the lower band, around $23. For friends holding positions, this is the defensive level to hold, and don't let profits be eroded too much.⬇️