$MAGIC surged 180%! The main force’s cards are exposed, the bears are already dead, and chasing higher now is just handing over your head!
In the crypto world, only strength matters, not tears! Bold traders may survive, but blindly chasing highs will definitely get buried!
Brothers, looking at the 1-hour chart, MAGIC violently pumped from 0.055 to 0.143, with a gain of nearly 180%, directly pressing the bears to the ground. Combined with the资金 flow chart, 1-hour net inflow was 6.14 million, 24-hour inflow was a crazy 120 million, and the inflow ratio reached as high as 92%! For every 100 yuan, 92 yuan is buying; the main force’s intention is obvious: they are here to squeeze the shorts!
But note, RSI has soared to 88.75, extremely overbought, and the funding rate has turned positive. My personal view: the main force is using real money to push the price up and, in the process, blow out the shorts. But at this extreme overbought level, a wick-down shakeout could happen at any time, and then it may flip to blow out the longs! Rushing in blindly now is just handing chips to the market makers.
Trading suggestion: follow the trend and go long, never chase highs! Buy on a pullback near 0.108-0.1.
Want to know how the main force will shake the market next? Follow Ayan, and Ayan will help you break down the market maker’s cards and position for the next big surge!
#STRK24小时上涨约20% #Ledger暂停CryptoBilis销售 #XRP财库公司Evernorth完成SPAC合并
In the crypto world, only strength matters, not tears! Bold traders may survive, but blindly chasing highs will definitely get buried!
Brothers, looking at the 1-hour chart, MAGIC violently pumped from 0.055 to 0.143, with a gain of nearly 180%, directly pressing the bears to the ground. Combined with the资金 flow chart, 1-hour net inflow was 6.14 million, 24-hour inflow was a crazy 120 million, and the inflow ratio reached as high as 92%! For every 100 yuan, 92 yuan is buying; the main force’s intention is obvious: they are here to squeeze the shorts!
But note, RSI has soared to 88.75, extremely overbought, and the funding rate has turned positive. My personal view: the main force is using real money to push the price up and, in the process, blow out the shorts. But at this extreme overbought level, a wick-down shakeout could happen at any time, and then it may flip to blow out the longs! Rushing in blindly now is just handing chips to the market makers.
Trading suggestion: follow the trend and go long, never chase highs! Buy on a pullback near 0.108-0.1.
Want to know how the main force will shake the market next? Follow Ayan, and Ayan will help you break down the market maker’s cards and position for the next big surge!
#STRK24小时上涨约20% #Ledger暂停CryptoBilis销售 #XRP财库公司Evernorth完成SPAC合并