#数字货币市场回升 HYPE This round of movement is quite subtle. After breaking 30 dollars last week, it is now climbing back to around 36 dollars. The short-term data looks decent - it has risen 2% in 24 hours and accumulated 4% over the week.

But the problem arises.

The current position is right at the neckline of 36 dollars. Those who understand technical patterns know that this is a typical head and shoulders top structure. If it can't hold, it may have to look for support below: first at 30, if that doesn't hold then at 27, and in the worst case, it might test the line at 25 dollars.

It's not that there are no opportunities at all. From a technical perspective, HYPE has just bounced off the lower Bollinger Band and is heading towards the 20-day moving average at $37. The MACD histogram is also starting to show some upward momentum. However, there is a small issue - it is still hovering below the zero line, which indicates that the overall trend has not truly reversed yet.

Bulls also have a chance: if they can withstand the range from 36 to 38, the next stop looking at 41-42 dollars is not a problem, and if they are a little stronger, it’s not impossible to go directly to 50.

In simple terms, the range of 36-38 dollars is the core of the battlefield. A breakthrough means new territory, while failing to break through means preparing for a pullback.