$US The rally is over—the bears are stepping in!
Take a look at the chart. During the previous rally, the price surged to a high of 0.03047, but bullish momentum clearly ran out of steam. A long upper wick formed near the highs, buying pressure failed to follow through, and a large bearish candle sent the price tumbling back to 0.02778. This is a classic pump-and-distribution pattern.
The earlier rise was simply a bull trap set by market manipulators to lure retail traders into opening long positions near the highs.
Now take a look at the latest on-chain capital flows: funds have continued to flow out over the short term, with short-term traders exiting quickly. But over a longer time frame, there is still a large net inflow. This suggests that major players built positions at lower levels in advance and used this rally to distribute their holdings. They have already cashed out their positions from the bottom, leaving retail traders who chased the rally near the highs. The pullback is very likely a trap.
Many people were misled by this rally, aggressively turning bullish and chasing the highs while ignoring the risk of selling pressure near the top. Now the price has broken down, short-term bulls have been overwhelmed, and the market has officially turned lower.
Trading plan: Open short positions near the highs and get in and out quickly. Altcoins are extremely volatile and are not suitable for long-term holding. Always set a strict stop-loss, and exit immediately if the chart shows signs of a reversal.$SENT
The public chart only shows price movements. I’ll break down the true intentions of major players, their entry points, and their risk-management plans in the chatroom. If you want to catch this bearish swing, come straight to the pinned 【Chatroom】!#比特币重复使用地址持有433万枚BTC
#比特币跌破8.1万美元 $CT
Take a look at the chart. During the previous rally, the price surged to a high of 0.03047, but bullish momentum clearly ran out of steam. A long upper wick formed near the highs, buying pressure failed to follow through, and a large bearish candle sent the price tumbling back to 0.02778. This is a classic pump-and-distribution pattern.
The earlier rise was simply a bull trap set by market manipulators to lure retail traders into opening long positions near the highs.
Now take a look at the latest on-chain capital flows: funds have continued to flow out over the short term, with short-term traders exiting quickly. But over a longer time frame, there is still a large net inflow. This suggests that major players built positions at lower levels in advance and used this rally to distribute their holdings. They have already cashed out their positions from the bottom, leaving retail traders who chased the rally near the highs. The pullback is very likely a trap.
Many people were misled by this rally, aggressively turning bullish and chasing the highs while ignoring the risk of selling pressure near the top. Now the price has broken down, short-term bulls have been overwhelmed, and the market has officially turned lower.
Trading plan: Open short positions near the highs and get in and out quickly. Altcoins are extremely volatile and are not suitable for long-term holding. Always set a strict stop-loss, and exit immediately if the chart shows signs of a reversal.$SENT
The public chart only shows price movements. I’ll break down the true intentions of major players, their entry points, and their risk-management plans in the chatroom. If you want to catch this bearish swing, come straight to the pinned 【Chatroom】!#比特币重复使用地址持有433万枚BTC
#比特币跌破8.1万美元 $CT