📢 Gate Plaza | 5/22 Hot Topics: #HYPE再度领涨
As of May 22, HYPE increased by another 15% in a single day, reaching $58.97, up 134% year-to-date! A few days ago, bears who had positioned at high levels suffered a "precise pinpoint explosion," with liquidation amounts exceeding $30.6 million within 24 hours. In this battle between bulls and bears, which side are you on?
🎁 Predict the market trend, and 5 lucky winners will share a $1,000 trading experience voucher!
💬 This issue's discussion:
1️⃣ Can you still chase the current price of HYPE?
2️⃣ Are you long or short? Show your opening strategy!
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📅 Deadline: 5/24 18:00 (UTC+8)

📢 Gate Square Daily | May 22
1️⃣ Geopolitics: Iranian state media reports that a final US-Iran agreement draft has been reached under Pakistan's mediation, with an announcement expected within hours.
2️⃣ Market Update: Crypto markets trade in a narrow range, with BTC down 0.38%, holding near $78,000 for several consecutive days.
3️⃣ Legislative Update: A US lawmaker introduces the "American Reserve Modernization Act," proposing to add Bitcoin to strategic reserves for at least 20 years.
4️⃣ Crypto Regulation: A South Korean petition to abolish the 22% crypto tax hits 50,000 signatures, triggering a mandatory review by the National Assembly's finance committee.
5️⃣ Security Alert: Scammers are impersonating Jupiter, airdropping fake CJUP tokens to wallets and luring users to phishing sites to steal assets — stay vigilant.

Succinate setup favors short-term bearish continuation
Entries, Targets and Stoploss check below 👇