$TUT This surge-volatility single-day selloff of nearly $100 million in volume is not a technical pullback—it’s the main players unloading overnight.
From the intraday high of $0.082, it collapsed to $0.046, a drawdown of over 44%. In 24 hours, turnover was about $92 million, and the contract funding rate has been pushed to -0.21%, an extreme imbalance.
Now longs are fantasizing about bottom-picking for a rebound, while shorts are hard-pressing under extreme negative funding. The focus of the standoff is whether the main players have actually fully cleared their bottom positions.
Watch the 0.0500 level. If the rebound fails to touch 0.0500 and confirm it holds, going in to catch the falling knife is essentially handing liquidity to the main players. If it breaks below the 0.0450 support line, the area beneath will be a vacuum zone.
The main players have blasted the trapped crowd so viciously this time from a high point—are you among those who just bottom-bought and caught the falling knife? Drop your cost basis in the comments.
#暗影萨满 #TUT #加密货币 #Contract trading
From the intraday high of $0.082, it collapsed to $0.046, a drawdown of over 44%. In 24 hours, turnover was about $92 million, and the contract funding rate has been pushed to -0.21%, an extreme imbalance.
Now longs are fantasizing about bottom-picking for a rebound, while shorts are hard-pressing under extreme negative funding. The focus of the standoff is whether the main players have actually fully cleared their bottom positions.
Watch the 0.0500 level. If the rebound fails to touch 0.0500 and confirm it holds, going in to catch the falling knife is essentially handing liquidity to the main players. If it breaks below the 0.0450 support line, the area beneath will be a vacuum zone.
The main players have blasted the trapped crowd so viciously this time from a high point—are you among those who just bottom-bought and caught the falling knife? Drop your cost basis in the comments.
#暗影萨满 #TUT #加密货币 #Contract trading