HYPE is stepping back on the key chip area, and in the short term, we need to focus on the gains and losses of this point

According to the "Chip Distribution" data, the current price of HYPE is hitting the upper edge of the chip value zone in the past 4 months. If it falls, the price may return to the POC $41.538 chip. In the short term, it is important to focus on: -Key support level: $61.38, upper edge of chip value zone -Support area: $59~$57.6, chip peak+hanging buy pile -Resistance level: $72.36, chip peak Special attention: There are signs of a double top formation in the 12 hour cycle of HYPE, with the support zone of $59~$57.6 located near the neck line. At the same time, there is a chip vacuum zone below. If it falls, the market may accelerate its decline, and attention should be paid to the gains and losses in this area. Data for reference only