Ignore the noise, just sell. Please stay away from those who are currently urging you to open leveraged contracts or are losing focus on altcoins after a quick profit. First, I'm not trying to put others down to improve myself. It's just that this timing isn't suitable for most people to make money using conventional trading practices. Even if you do make money, you'll likely lose it all. The only thing to do now is to calm down and get back to work. Those without work should just go to work. This period of dramatic market rallies is nothing more than a fleeting one. Either chase the highs and increase your exposure (this part is about playing with positions you can lose); if you want to be passive, avoid participating for now. Go on a trip or spend your money; at least don't lose money in the market. Tonight's decision is bound to bring some joy and some sorrow. Basically, I've performed poorly this cycle. $ETH spot positions were liquidated at 3,800-3,900 (terrible enough), and $SUI positions were liquidated at around 2.6 (even worse). The only thing I held onto was $HYPE, which cost me around 40-41. Honestly, I haven't found a good entry point, so I haven't bought much. But I'm not planning on selling now, so I'll just keep it in @kinetiq_xyz. Looking forward to TBA, and even more so, hoping $HYPE continues to reach ATHs. Regarding tonight's meeting, I'm considering hedging some of my $HYPE positions. While there's no risk of a margin call in the spot market, given the extremely high uncertainty, I'd consider hedging. If I'm lucky enough and see a profit, I'll continue DCAing $HYPE (although I'm currently buying around 1,000-2,000 units per week). Some people ask me why I'm so obsessed with $HYPE. - The core of the new HIP-4 proposal is Events perpetuals. - Circle invested in $HYPE. - $HYPE is undervalued compared to its competitors, and we're now waiting for value discovery. - The centralized market hasn't officially accepted $HYPE yet. I've already mentioned the latter two points in previous articles. This time, I'm mainly excited about the HIP-4 proposal. The 2024 US presidential election catapulted polymarkets to fame and highlighted the potential for capital flows to force this inefficient market into a more predictive approach. Simply put, the world is essentially about gambling, and those with resources have a higher chance of winning (this is why the rich get richer, the poor get poorer, and why social transitions are so difficult). When it comes to gambling, you may have heard of sports betting and other similar platforms. In such platforms, the odds are controlled by the dealers, who know the outcome in advance. This allows them to induce users to bet on the side they want them to bet on. Prediction markets like polymarkets and kalshi, on the other hand, use financial betting to determine odds, which often leads to a stronger bias towards the final outcome. I'll continue discussing HIP-4 in detail in the next article. #HYPE #HIP4