HYPE hit 75 on the daily chart and then formed a textbook distribution pattern by the main players. A high-level long upper shadow combined with a high-volume bearish candle indicates that funds have completed a phase of profit-taking, with a large number of trapped positions accumulating above 60. The current price has broken below the MA5, MA10, and MA20 key moving averages, signaling that short-term momentum is now dominated by bears. The market is in a low-volume, slow-decline consolidation phase, with liquidity searching downward for a vacuum zone. The 55 level serves as short-term sentiment support. If it fails to quickly regain 60 with strong volume, it’s highly likely to break below 55 and dive deeper to find liquidity. The main players may need a significant dip to fully clear out high-leverage long positions before building a solid structure for a second wave. The left-side accumulation zone for spot positions and low-leverage longs is between 45 and 48, which is the previous rally's dense volume area and a strong system support. A break below 42 should trigger unconditional stop-losses. The strong resistance for any rebound is at 62. A weak rebound reaching this area should be used as a target to exit long positions or as an entry point for right-side shorts.