$MVLL: The bulls may be turning themselves into fuel.
From 24.3000 to 31.4000, up 21.7%.
But the large holders’ long/short ratio is 0.56, which is bearish.
Meaning: prices are rising, but the most experienced group is adding positions in the opposite direction.
Either they’re wrong, or the retail crowd is.
Funding rate is 0.000%, close to neutral—both sides’ costs aren’t that different.
33.3100 is the level I’m watching tonight.
If it breaks above and volume follows → the big players may be forced to close shorts, and the uptrend could continue.
If it fails to break above and then pulls back and drops → long stops begin to trigger, and the downside may fall faster than you’d expect.
For now, I’m not trading.
I’ll wait for the market to reveal its direction first.
Click the small card below to quickly check the行情👇
From 24.3000 to 31.4000, up 21.7%.
But the large holders’ long/short ratio is 0.56, which is bearish.
Meaning: prices are rising, but the most experienced group is adding positions in the opposite direction.
Either they’re wrong, or the retail crowd is.
Funding rate is 0.000%, close to neutral—both sides’ costs aren’t that different.
33.3100 is the level I’m watching tonight.
If it breaks above and volume follows → the big players may be forced to close shorts, and the uptrend could continue.
If it fails to break above and then pulls back and drops → long stops begin to trigger, and the downside may fall faster than you’d expect.
For now, I’m not trading.
I’ll wait for the market to reveal its direction first.
Click the small card below to quickly check the行情👇
