I found that regarding listing on Binance Alpha, no matter which project, the Chinese channel and the English channel are surprisingly consistent.
For this kind of thing where dozens of projects are launched in a month, project teams, why are you doing this?? Now the airdrop points keep increasing, it used to be over 190 points, now it's 210~220, and I don't know how much it will increase later. Only large holders can get around 220/15, about 15 points daily, which requires at least a few thousand US dollars in trading volume every day, which is not something ordinary small holders can participate in.
OKX market shows that $MERL briefly surged to 0.44 USDT, currently reported at 0.436 USDT, with a 24H increase of 17%, CMC market cap ranking Top 100. However, a surge does not indicate a trend reversal.
From a technical perspective, 0.44–0.45 is a key strong resistance, having failed multiple times to break through, with volume not keeping up, and the structure weakening (as indicated on the 14th). The market logic resembles a dealer rapidly pushing prices up in a low liquidity environment to create FOMO, inducing retail investors to chase long positions and open leverage. On-chain signals indicate that large holders' chips are beginning to transfer to exchanges, which is more in line with seeking liquidity rather than building positions continuously.
Trading strategy: Currently, do not chase long positions; focus on shorting opportunities in the 0.43–0.45 range. If sentiment falls back and the structure reverses, the target is first looking at around 0.35.
In summary: The faster the surge, the harsher the pullback often is, MERL remains a bearish target in the rebound.
$MERL Today's short-term breakthrough at 0.44 USDT, then slightly retreated to around 0.436, with a 24H increase of over 17%, and market capitalization returned to the top 100. However, upon closer inspection, during these past two days with low liquidity over the weekend, the price repeatedly surged, yet consistently failed to hold at the key resistance level of 0.45. Both the 4-hour and daily charts show signs of turning downward, indicating a clear weakening structure. It is highly likely that the market makers are taking advantage of low liquidity to drive up prices, enticing retail investors to enter long positions and creating a false breakout illusion. More critically, there is pressure from the supply side: the concentrated unlocking period in December has arrived (including dates like 12/12, 15, 16, 19, etc.), with a total of about 70 million MERL to be released, significantly expanding the circulating supply. Even if OTC holders do not immediately sell off completely, the market's psychological expectation of a 'supply flood' has already set in, leading to a retreat in buying and early reduction of holdings by coin holders, severely limiting the rebound potential. Recently, there has also been a large transfer of 16 million coins, further intensifying selling pressure. The willingness to arbitrage after the unlocking of early low-cost holdings is strong; although there has been a slight uptick in momentum recently, the true bear market initiation is not far off. I personally hold a strong bearish view on MERL's recent trend, and suggest focusing on short positions in the 0.44-0.45 range, building positions in batches, which may yield a small profit. Risk is on you, DYOR! #MERL #cryptocurrency #bearish
As soon as I got up, I saw in the WeChat group that Wang Duan Niao was being hugged from both sides. Indeed, only big-chested girls can alleviate the harm brought to him by Xu Mingxing.
It seems that the brothers need to learn how to act in crying scenes; there is beauty in tears 😂😂😂
I have meetings: chatting with this project party, scheduling with that team. Duan Niao has meetings: hugging this girl, cuddling that girl.
Brothers, pay attention, $MERL suddenly surged 17%, with the price reaching 0.436 USDT, CMC entered the top 100, but this feels more like a typical low liquidity pump.
📌 On-chain risk signals are clear: 1️⃣ High control: The top 5 addresses hold over 64% of the chips, the first address alone holds 35%, making the price easily manipulatable. 2️⃣ Thin liquidity: Large sell orders show obvious slippage during the pump, indicating that it is not driven by real buying power. 3️⃣ History repeating: In September, the team address once transferred 34 million coins at once, and the cash-out controversy has not dissipated.
🎯 Strategy viewpoint: The current price clearly overdraws buying power. If it continues to rise to around 0.48 USDT, it will be a high-risk pump zone. The hourly chart has shown signs of weakening; personally, I lean towards a bearish outlook and have also placed a portion of short positions, with a short-term target focusing on the 0.35 USDT range.
🚨 #MERL Alert: Beware of "Pump and Dump" Strategies
Brothers, take note, $MERL suddenly surged by 17%, reaching a price of 0.436 USDT, and CMC jumped into the top 100, but this looks more like a typical low liquidity pump.
📌 On-chain risk signals are very clear: 1️⃣ High control: The top 5 addresses hold over 64% of the chips, with the first address monopolizing 35%, making the price highly manipulable. 2️⃣ Thin liquidity: Large sell orders during the pump show significant slippage, indicating that it is not real buying pressure driving the price. 3️⃣ History repeating: In September, the team address once transferred 34 million tokens in one go, and the controversy over cashing out has not yet dissipated.
🎯 Strategy view: The current price clearly overdraws buying power. If it continues to rise to around 0.48 USDT, it will be a high-risk pump area. The hourly chart has shown signs of weakening, and I personally lean towards a bearish view, having also set aside some positions, with a short-term target focusing on the 0.35 area.
Bro, $MERL has been quite interesting lately, with the price rising to $0.44, a 10% increase in 24 hours, and over 20% in 7 days, while the trading volume has also awakened. However, there is still selling pressure above $0.45-$0.50, and the risk of a pullback after a surge is not small. On December 19th, there will be a small unlock (only 8.8 million pieces, accounting for 0.4%), which is not large, but retail investors tend to panic; once emotions collapse, it can lead to a downturn. For those heavily invested: you can reduce your position or hedge short near $0.44-$0.48, with a stop loss set above $0.50 to guard against a BTC surge. For those without a position: don’t rush to chase the highs; wait for the unlock to settle and for a dip below $0.40 to buy in more safely. The medium to long-term linear selling pressure continues, and overall it remains bearish. Playing this requires patience, keeping a close eye on the volume and on-chain data; there may be a rebound soon, and I believe it will be an opportunity to short.
MERL this game is empty, rebounds are all opportunities to get in. The current structure has the standard "ready to kill" vibe.
1️⃣ The technical aspect is almost broken down.
0.5 Can’t break through after three attempts? Then it’s hopeless. Every time it touches the resistance level, it gets violently pushed back down, and the volume increases—this is not called suppression, this is called the ceiling is welded shut. The buying power is completely hollow. If the main force is unwilling to push it up, do you expect it to rise on its own? Stop dreaming. BTC and ETH are both pulling back, can MERL go against the trend? Impossible.
2️⃣ December unlock = chronic death 12/12, 15, 16, 19—four consecutive strikes, 70 million pieces directly smashed into the sky. This is not an unlock, this is a flood of supply. OTC low-priced chips can explode you at any time. Their cost is several times lower than yours, and a slight rebound is just giving away money; they won’t let it go. The market has already scared off buyers with this kind of unlocking rhythm. Even the supporters have disappeared, how can it rise?
3️⃣ Big players have sharpened their knives 16 million MERL (8 million USD) just entered Bybit. Brother, this kind of volume is for selling, not for touring. And it just happens to be transferred in right before the unlock? This is called a head start. Big players are starting to queue up on the exchange; do you think retail investors can hold on? Once the market smells this kind of scent, the sentiment drops directly into negative territory.
🔚 Crypto Brother's short view (the most straightforward version)
This market looks like: the top can’t hold → unlock is going to crash → big players are ready to run = best time to short. Short-term rebound? Sure. But that’s to add to the short position. My own view is very simple: Main trend is short, rebound adds to shorts, the real pullback point is most likely at 0.40. When it gets there, wait for it to rebound a bit, let it catch its breath, then continue to short it.
MERL multiple negative factors overlap, short-term bearish is the main outlook, with a high probability of dropping to the 0.27-0.20 range. MERL has seen frequent on-chain fluctuations recently, with a large address transferring 16 million tokens (approximately 5 million USD) to Bybit, which is significant in scale and usually indicates liquidity preparation or cash-out intentions. The timing is sensitive, occurring around the unlocking period, and this action by the large holder is clearly a 'running away' strategy to avoid liquidity congestion on the unlocking day, which could lead to greater slippage. On-chain behavior can amplify market sentiment, and other holders observing large transfers to exchanges may panic and reduce their positions or adopt a wait-and-see approach, intensifying short-term volatility and creating a sell-off loop. The current price is around 0.34-0.35 USD, with slight fluctuations over the past 24 hours, but the technical outlook is weak: multiple attempts to reach 0.5 have failed, trading volume has shrunk, there are signs of a MACD death cross, and the RSI is close to oversold. Short-term unlocking pressure is highly certain (although the recent round was released in November, linear vesting continues to increase supply), combined with warnings of selling pressure from large holders, buying cannot compete with selling, leading to a structural bearish tilt. Short-term outlook: bearish dominance, rebounds are mostly traps for enticing buyers or opportunities for unloading.
Short $MERL: A Great Opportunity Below the $0.5 Ceiling. Over the past few weeks, there have been three aggressive attacks on the $0.5 mark, all of which faced severe setbacks, with a surge in trading volume but weak buying pressure. $0.5 has become a solid structural resistance. The current price is approximately $0.33, with a resonance of three signals—technical, sentiment, and on-chain—suggesting a short position: Technical pressure is significant: three upward attacks accompanied by long upper shadows, RSI is neutral but leaning bearish (53.47), and short-term resistance is at $0.38. After a peak of $0.5295 in 7 days, it plummeted by 37.40%, and bullish momentum has dried up.
Market defensive sentiment dominates: BTC approaches 92K but faces resistance at 94K, ETH rises 3% to $3.135 but overall risk appetite remains cautious, and MERL lacks support from the broader market, with a low probability of a breakout.
On-chain short arbitrage selling pressure is heavy: large holders continue to take profits near $0.5, and supply pressure has not dissipated (circulating 1.05B, aftermath of unlocking events). Futures position expansion suggests increased volatility, but sellers remain active.
bitcoinethereumnews.com +1
Short Plan: Entry: $0.33-0.35 light position, $0.38 add position (3-5x leverage). Stop Loss: $0.40 (to guard against false breakouts). Target: $0.30 (close 30% of the first batch) → $0.30 (fully close, expected return 25%+). Timing: Rebound expected within 1-2 weeks.
Conclusion: The $0.5 ceiling is unbreakable; take advantage of the BTC/ETH volatility to short down to $0.30, and after securing profits, look for a reversal. Currently, there is a golden opportunity; act swiftly! DYOR.
【Alert: The Great Escape has begun! The short sellers' scythe has been raised, do you still want to catch flying knives?】
The market has completely panicked! BTC and ETH are leading the plunge, and the entire market's risk appetite has frozen instantly. What does this indicate? It indicates that funds are fleeing in a panic, and the so-called "bull market" has been exposed as a sham!
Looking at MERL again, hitting the key resistance level is like hitting an iron wall, unable to break through. There is no continuation, no following trades, only bare fatigue! This is a clear signal: the rebound has ended, and the downtrend is about to fully explode!
Stop fantasizing about any "pullback being an opportunity"! The trend has spoken: the army of short sellers is gathering, and a significant downward pressure is about to begin. All attempts to catch the bottom or bet on a rebound are just licking blood on the blade, they are all cannon fodder for the main force!
Remember, when the trend reverses, any luck is suicide. The market has already revealed its fangs, do you still want to stick your head in? Run, or short, there is no other choice! Under the bear's claws, nothing grows!
The current $MERL indeed resembles a besieged city, where those inside want to break out, while those outside are still observing whether to bottom fish.
The current capital game pattern is relatively clear: the bulls have launched three attacks near 0.5U without breaking through, indicating that high-level follow-up funds are obviously insufficient, and the upward momentum has temporarily exhausted.
Meanwhile, the bearish forces are accumulating—around 70 million OTC shares will be unlocked in mid-December, and the cost of this holding is very low, so any selling could bring significant downward pressure.
In this asymmetric environment of bullish and bearish forces, ordinary investors need to be especially cautious to avoid becoming the last one in the emotional push. The market never lacks opportunities, but protecting capital is always the top priority.
Hey, brothers! The old gold digger is back to mine the big gold mine! This time, I'm focused on the new alluvial river, Linea—bridging Ethereum mainnet ETH over for direct native staking! This move is simply the fattest scoop of 2025! Think about it: bridging ETH from the Ethereum mainnet to Linea, instantly turning into wstETH or stETH, and then directly throwing it into the Linea native staking pool! This is not a centralized wrap; it's real native staking! The annual yield has already surged to start from 6-8% (specifics depend on TVL and Consensys incentives), and the key is that these staking rewards will be 100% returned to the LPs of the DeFi protocol! I've personally placed a heavy bet: bridging ETH to Linea (official bridge with 0 fees, withdrawable in 7 days) Exchanging for stETH-type assets supported by Linea Dumping the entire position into mainstream pools like SyncSwap, iZUMi, and HorizonDEX Then staking the LP tokens in the official farm for double rewards!
Right now, Linea's TVL is just over 3 billion, and the incentives haven't been diluted to the floor yet! Once Ethereum's Shanghai upgrade and the Deng Shang upgrade are fully unleashed, this wave of bridged + native staked ETH will flood in like a tide, and by then, people will be fighting to get on board even if the yield is halved! In short: if you don't rush into Linea's native staking ETH now, in 2026 you'll only be crying under Twitter saying 'I didn't buy SOL at $0.5 back then'! I've already bridged 80% of my ETH from the cold wallet, all in! Brothers who want to catch up, hurry up, this wave is about eating meat, not soup! (298 characters, sent with shaky hands, afraid that if I'm late, you latecomers will grab it all)
Hey, brothers! The old gold digger is back to mine the big gold mine! This time, I'm focused on the new alluvial river, Linea—bridging Ethereum mainnet ETH over for direct native staking! This move is simply the fattest scoop of 2025! Think about it: bridging ETH from the Ethereum mainnet to Linea, instantly turning into wstETH or stETH, and then directly throwing it into the Linea native staking pool! This is not a centralized wrap; it's real native staking! The annual yield has already surged to start from 6-8% (specifics depend on TVL and Consensys incentives), and the key is that these staking rewards will be 100% returned to the LPs of the DeFi protocol! I've personally placed a heavy bet: bridging ETH to Linea (official bridge with 0 fees, withdrawable in 7 days) Exchanging for stETH-type assets supported by Linea Dumping the entire position into mainstream pools like SyncSwap, iZUMi, and HorizonDEX Then staking the LP tokens in the official farm for double rewards!
Right now, Linea's TVL is just over 3 billion, and the incentives haven't been diluted to the floor yet! Once Ethereum's Shanghai upgrade and the Deng Shang upgrade are fully unleashed, this wave of bridged + native staked ETH will flood in like a tide, and by then, people will be fighting to get on board even if the yield is halved! In short: if you don't rush into Linea's native staking ETH now, in 2026 you'll only be crying under Twitter saying 'I didn't buy SOL at $0.5 back then'! I've already bridged 80% of my ETH from the cold wallet, all in! Brothers who want to catch up, hurry up, this wave is about eating meat, not soup! (298 characters, sent with shaky hands, afraid that if I'm late, you latecomers will grab it all)