This week, Bitcoin (BTC) and HYPE token have become the focal points of technical analysis. According to a specially invited analysis article, BTC is currently in a retest phase of the lower boundary of its short-term ascending channel. The outcome of this retest will determine the direction of BTC's next move. Meanwhile, HYPE is experiencing a fierce tug-of-war between bulls and bears in the critical support zone of $64–$66. Whether this zone holds or breaks will be crucial for HYPE's short-term trajectory.
Based on these technical assessments, the article outlines a medium-to-short-term trading strategy: for BTC, a short-selling approach is recommended during the retest confirmation process; for HYPE, a buy-the-dip strategy is suggested given its support zone. The article emphasizes strict risk management and the use of dynamic stop-losses to handle market volatility and uncertainty.