$CRCL 🤣 The fees have collapsed to what level, and you still expect a rebound? Now the funding rate is only 0.008%, down 60% from the 8x average. Even the long positions can’t cover the holding fees—how is it supposed to go up? Price is pinned below the moving average; on the four-hour chart it keeps smashing with five consecutive bearish candles. Aggressive sell orders are pinning the buy orders to the ground and rubbing them raw. Short directly at 91.20, first target 86.50—just wait for it to drop to 82.00. Set stop-loss at 96.00; if structure breaks, we’ll talk again. If the high-priced holders don’t cut their chips, the downtrend won’t be able to stop.🈳!
