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$$HEI 22% surged past 0.095, on-chain whales suddenly moved in early morning, swallowing all sell orders in the 0.082-0.088 range within half an hour. This momentum is linked to the small-level breakdown and retest of BTC at 60,000, as well as the Fed's rate cut expectations being brought forward to June.
Let me quantify: BTC is currently consolidating at 66,300, with a 24-hour volatility of only 1.8%, while $HEI's volatility is 26%, indicating short-term funds are seeking high-elasticity assets to bet on policy signals. CME interest rate futures show the probability of a rate cut in May jumping from 32% to 41%, which gives altcoins some directional imagination, but note that this coin is rising too fast—24-hour trading volume is $32.7 million, with a turnover rate over 50%, indicating significant short-term distribution risk.
Trading suggestion: At the current price around 0.0944, you can lightly enter a position in the short term, with a stop loss at 0.0885 (breaking this level signals a large trader dumping and leaving), first take profit at 0.0982, second take profit at 0.1020. Keep position size within 5% of total funds, because the 4-hour MACD shows divergence, and RSI has reached 73, so a pullback to around 0.0920 for a shakeout is possible.
Remember, this round of hype is based on expectations, not certainty of landing. There are two more weeks of chaos before the Fed's May 2 meeting. $HEI is riding on the residual momentum of overnight tech stock rebounds, not just my hype—last night, I targeted the order at 0.0805 in the group and bought in, now with a paper profit of 17%.
Did you catch this wave? If you haven't entered, don't chase high; wait for a pullback near 0.092, or place an order at 0.0900 to catch a dip.