HYPER short-term faces adjustment pressure. Observing the 15-minute K-line, the price started to weaken after reaching the recent high. Currently, the funding rate is in the negative zone, which usually reflects large short positions being positioned at relatively high levels.

From a technical perspective, consider a short position around 0.154, with a stop-loss set above 0.164 to account for possible upward movement. As for targets, the first level is around 0.148; if it effectively breaks below, continue to watch 0.139; a more aggressive target points to 0.125. Once key support is broken, consider holding positions to participate in a larger downward move.

Trading requires risk control and reasonable position sizing.