HYPER has no doubt outperformed, and I accept that it moved against the update shared yesterday. But remember one thing it won’t keep pumping endlessly. A correction will come, and most likely a heavy one. The targets I previously mentioned are still valid. Many people are saying that it will only go up now and won’t come down but markets don’t work like that. Yes, it’s outperforming at the moment but when it drops it won’t give you a chance to react. That doesn’t mean you should jump into shorts either because even if you did, the funding fees fluctuate so much that your profit could vanish just in fees. Right now it’s neither good for spot buying nor for long positions even holding for 2–4 days carries high risk. Let it correct first. It will likely form support around $0.45–$0.40.
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