#比特币市场分析 Looking back at the bull run of 2017, when Bitcoin soared to $20,000, many thought that Crypto Assets would keep rising. However, history always repeats itself. Now seeing tokens like HYPE facing massive liquidation risks makes me reflect on the harshness of market cycles.

Technical indicators show that HYPE is in a dangerous position, with a potential liquidation of 24 million dollars undoubtedly serving as a wake-up call. The support level of 35.3 dollars has been tested twice in the past month, and if it breaks for a third time, it could trigger a chain reaction. This reminds me of the bear market in 2018, when many leveraged traders were also hit hard due to similar circumstances.

History tells us that it is crucial to remain calm during such times. While short-term traders may hope for a rebound, the risks are clearly greater than the opportunities in the long run. The trend of Bitcoin often dominates the overall market sentiment, and if it continues to weaken, HYPE will find it hard to stand alone.

For investors who have experienced multiple cycles, this situation is not unfamiliar. It is important to learn lessons and control risks. Perhaps now is a good time to reassess investment strategies, after all, the market always repeats similar patterns in cycles. Let's observe calmly and see how this storm will ultimately evolve.