The rise of hype is thanks to the waves of FOMO-driven surges in gold, silver, SK Hynix, and crude oil. http://trade.xyz and the introduction of the HIP-3 mechanism have kept up with this wave of global asset linkage. But the introduction of HIP-3 happened before the bear market began. Now, with the $38 price and current trading volume data, there’s not much profit left to be made. Expectations and actual business performance are already maxed out, and the current overall trend is still . The good thing about hype, though, is that even at the top, it gives you enough time to exit. So I wouldn’t short hype—holding it isn’t the best experience. As for ETH, right now ETH/BTC is back at the upper edge of the consolidation range. Shorting it feels more reassuring.