HYPE: Summary of Discussions in the Aoying Book Club Community (23:00:10 ~ 00:00:10)

1. Current recommendations lean towards short or reducing positions. The view is that HYPE is underperforming mainstream cryptocurrencies (BTC, Ethereum) and shows signs of weakening under pressure. Logically, it is believed that HYPE holders intend to switch to other cryptocurrencies at high levels, suggesting that there is downward pressure after the price has been overextended. 2. Position and Risk Management Recommendations: It is recommended to remain cautious and favor a light position or gradually reduce positions. No specific profit-taking or stop-loss points are mentioned, but it implies waiting for confirmation of the adjustment before taking action to avoid chasing high prices. 3. Suitable for aggressive short-term trading, focusing on rebound opportunities to exit positions. It emphasizes avoiding prolonged positions and is suitable for quick in-and-out trades. Wait for mainstream coins to drive the market before making further moves.