I have seen too many trends like $REEF. It has been rising in the front. If you don't get on the train, it will keep rising until you panic, and it will rise several times! When you get on the train and start to believe that it can rise a hundred times, you will see this kind of K-line chart.
From the trend and trading volume, on the contrary, the bottom released a huge amount of energy, and the higher the trading volume, the smaller the increase! It shows that the dog dealer at the bottom has absorbed a lot of chips, and then the high control has been pulling the market but not shipping, which will show the phenomenon of price increase and volume shrinkage. Yesterday, taking advantage of the good market conditions, the last wave of inducing more shipments began. Yesterday, the increase was 50% in one day. All WeChat groups were talking about REEF being the next TRB, so the dog dealer's purpose was achieved!
When you didn't buy it when it rose ten times at the bottom, and it let you watch it rise 50% in one day, you can't stand the temptation of pulling the market anymore, shouting "next TRB" and rushing in with the ambition of dying rather than stepping into the air. The contract rate once reached more than negative 2. The pull-up not only attracted a large number of followers but also exploded a lot of air forces, so the dog dealer harvested both long and short positions!
The harvest started this morning, and no chance was given. Since Binance only has the largest depth of contracts, the moment you chase the long position, it will be exploded! The harvest started after a long plan!
The current decline from the high point has reached more than 60%!
This kind of script has been seen too many times last year, and it can be seen everywhere. So just follow the dog dealer to eat meat! I saw it too late, so I chased it directly and got a big one! So happy!