HYPE: Summary of Discussions in Orange's Mute Group (Daily Market Analysis) (10:00:06 ~ 11:00:06)

1. Current Recommendation A cautiously optimistic approach is recommended for "HYPE," focusing on price stabilization signals from reduced supply. Hyperliquid plans to burn HYPE tokens to confirm the aid fund, permanently removing circulating supply. This reduced supply may stabilize the price and boost holder confidence, suggesting potential for a short-term price surge. However, no mention is made of overextended gains or significant pullbacks, making it suitable for tentative entry. 2. Position and Risk Management Recommendations A small initial position is recommended. Observe the market reaction after the burning is confirmed. Gradually increase the position after price stabilization and confirmation of the supply reduction effect. No specific stop-loss or take-profit points are specified, but attention should be paid to the timing of the burning vote and the price reaction. Setting a reasonable stop-loss is recommended to mitigate volatility risk and avoid blindly chasing highs. 3. Suitable Trading Style This strategy is suitable for a stable medium-term investment strategy, emphasizing increased confidence based on the substantial catalyst of a permanent supply reduction. Aggressive short-term trading is discouraged. Avoid holding positions for too long; wait for the burning to complete and the market to gradually accept the trend before adding to the position. Rapid entry and exit carries significant risk; patient observation is advised.