REEF is basically the most attractive currency in this round of market.

At this position, we should remind you not to chase high prices. The main force has already taken profits and run. The current rise is most likely to explode the last short orders and madly lure more. Let's analyze it below

First of all, this coin was removed from the spot market by Binance, but there are still contracts. We can see from the picture that the price is 0.00079-0.001. There is a lot of money quickly entering the Binance contract to start violently building positions. It is roughly calculated that if the cost is 0.001, a position of about 30 million US dollars is built. At present, this 30 million US dollar position has been pulled up from 0.001 to 0.005. The shipment has been completed, and the position has returned to the initial position of the position

At the same time, the price has risen to the chip turnover area of ​​the large cycle. This wave of the market of this coin can basically be declared to be at the end of the rise. Since this coin has no spot, the participation of retail investors in Binance can only be said to be to open contracts. When the price of the coin was pulled up at the beginning and the overall market sentiment was not good, the short-selling sentiment of retail investors was particularly high. During the process of pulling up, retail investors were harvested for shorting. At the same time, the main force held long orders, so as to continuously close positions and make profits. Now that the market sentiment has risen, the main force has continuously raised the price of the currency. At the same time as the long contract orders are closed, the only short positions in the market are blown up. Now many people have changed their mindsets to chase long positions. At this time, the main force can use the funds from closing positions to establish short positions with retail investors. While pulling up the price, it lures retail investors to get on board. Finally, the whole long-short double kill is perfectly closed.

Combined with the trend of the contract market rate, the current four-hour overbought continues. The contract market rate is low. It may be necessary to break a new high to lure more. After a period of divergence, the upper price can be gradually adjusted. 0.0053/0.0057 is strong pressure