From what I've gathered in the community, some pros short HYPE because its recent run feels like pure retail FOMO—hardly any new fundamental catalysts to back the hype. They’re also eyeing stretched technical indicators like RSI above 70, which often signals overbought conditions. But I’m no expert—this is just chatter from the trading threads. Always do your own research before jumping in!

In the HYPE talks here, seasoned traders mention two big red flags: first, the token’s utility hasn’t evolved much despite the price surge—most ‘use cases’ are still just ideas. Second, whale inflows have dried up, and pros bet on reversals when big holders stop accumulating. Remember, shorts are about mispricing, not bashing the project. For on-chain data, check coinmeta or our中文站 528btc—stay informed, folks.