盘面之外

Around 20:00 on 9/17, the market maker entered and built a position at 0.023, as the perpetual-to-spot ratio surged.
From 9/19 to 10/3, the price fluctuated in a broad channel. Trade based on the chart’s resistance and support levels.
On 10/2 around 18:00, the market maker added to their position again at around 0.023, as the perpetual-to-spot ratio surged.
On 10/3, the token price took off. The market maker swept both sides at the highs, triggering stop-losses and liquidating traders.From 10/11 to 10/25, the price moved in a descending channel while open interest kept falling, indicating that the market maker was distributing. Use the channel together with MFI to place trades. At 11:00 on the 25th, the perpetual-to-spot ratio surged, and the long/short ratio for large traders’ positions rose abnormally, signaling that the market maker had entered the market.On 10/26, the price was ignited and took off, triggering a massive short squeeze. It then moved sideways at the highs, waiting for retail traders to enter.

Chart patterns do not focus on the body and wicks of individual candlesticks. Instead, they examine the geometric structures formed when price repeatedly tests certain levels over a period of time. These structures essentially reflect the battle between buyers and sellers at specific price levels. The greater the liquidity and the more evenly matched the buyers and sellers, the more likely a standard structure or pattern is to emerge.

I. Reversal chart patterns (the balance of power shifts at the end of a trend)
1. Double Top / Double Bottom W M
Structure: Price tests the same level twice (a high for a double top, a low for a double bottom), with a pullback low (the neckline) forming in between. The pattern is confirmed when the neckline is decisively breached.