$龙虾 This time, I'm siding with Mr. Xiaobo.
Looking at the daily chart, 0.025 is clearly a bottom, and the downtrend has already been broken. This shows that the market makers have nearly finished shaking out the longs!
There’s no significant increase in volume on the hourly chart right now, but the market makers’ on-chain holding addresses have been adding to their positions frequently. The sideways price action also keeps showing signs of downward wicks.
So this is nothing more than the market makers baiting people into shorting, in order to preserve momentum for a subsequent extended pump. There are 6 million USDT worth of short positions in the market, so the upcoming pump could be substantial. I’ll share real-time updates as things develop. I’m bullish on Brother Yang in the short to medium term 👇$MOVR $ZEC
#Drift黑客受害者启动索赔 #日经225涨2.5%创三月新高
Looking at the daily chart, 0.025 is clearly a bottom, and the downtrend has already been broken. This shows that the market makers have nearly finished shaking out the longs!
There’s no significant increase in volume on the hourly chart right now, but the market makers’ on-chain holding addresses have been adding to their positions frequently. The sideways price action also keeps showing signs of downward wicks.
So this is nothing more than the market makers baiting people into shorting, in order to preserve momentum for a subsequent extended pump. There are 6 million USDT worth of short positions in the market, so the upcoming pump could be substantial. I’ll share real-time updates as things develop. I’m bullish on Brother Yang in the short to medium term 👇$MOVR $ZEC
#Drift黑客受害者启动索赔 #日经225涨2.5%创三月新高
