HYPE: Trader 0xc6fe Banks $2.29M on Perpetual Longs

0xc6fe closed a $HYPE long for $1.18M profit four hours ago before immediately opening a fresh 10x long on 268,509 $HYPE worth $20.26M that already shows $536K unrealized gains, bringing lifetime profits from $HYPE longs to $2.29M at a perfect 100% win rate according to on-chain data from @lookonchain.

Price action on the 4h chart shows $HYPE trading at $74.63 inside the Bollinger Bands with the upper resistance at $75.95 acting as the immediate ceiling while the 50-EMA at $65.24 provides the key structural support beneath the EMA200 at $53.79; the MACD golden cross at 2.92 keeps the broader trend bullish even as RSI at 69.85 remains neutral, suggesting any rejection at the upper band could trigger a measured pullback toward that 50-EMA before continuation higher in line with ongoing HYPE price prediction models and Bitcoin market trends.