The bearish signal is crystal clear! Open interest doubles but the price doesn't rise—the whales are selling!
Guys, do I really need to say more about $US ? This is a classic “like a dead pig that doesn't fear boiling water” price action! 😂
Remember this: when volume surges at a high and the price doesn't rise, something fishy is going on. Look at the open interest—it increased 1.7-fold in a single day. With that much money coming in, the price is still stuck at 0.0239. What does that tell us? There's massive selling pressure overhead! The bulls can't even reclaim half of the previous high. That's an unmistakable sign of extreme weakness.
On top of that, the funding rate is pitifully low at 0.009%, so the whales have no incentive to push the price up. The market right now is all about this: every bounce is just setting up a better drop.
I'll keep it simple: Lao Qi is opening a short right now at 0.02398. Remember these two targets below: 0.0198 and 0.0155. As long as the price doesn't break above 0.0275, the downtrend remains intact. If it breaks below 0.0198, that will mark the start of an accelerated drop. Don't try to catch a falling knife at that point—why not go with the trend and profit from the short? $APR $SENT
The feed can be delayed. Lao Qi will keep a close eye on the charts. If you want to get entry levels, position sizing plans, and risk-management strategies as soon as possible, come join Lao Qi's chatroom!
#巴西交易所B3拟2027年上半年推出证券代币化平台
#比特币反弹至8.3万美元
Guys, do I really need to say more about $US ? This is a classic “like a dead pig that doesn't fear boiling water” price action! 😂
Remember this: when volume surges at a high and the price doesn't rise, something fishy is going on. Look at the open interest—it increased 1.7-fold in a single day. With that much money coming in, the price is still stuck at 0.0239. What does that tell us? There's massive selling pressure overhead! The bulls can't even reclaim half of the previous high. That's an unmistakable sign of extreme weakness.
On top of that, the funding rate is pitifully low at 0.009%, so the whales have no incentive to push the price up. The market right now is all about this: every bounce is just setting up a better drop.
I'll keep it simple: Lao Qi is opening a short right now at 0.02398. Remember these two targets below: 0.0198 and 0.0155. As long as the price doesn't break above 0.0275, the downtrend remains intact. If it breaks below 0.0198, that will mark the start of an accelerated drop. Don't try to catch a falling knife at that point—why not go with the trend and profit from the short? $APR $SENT
The feed can be delayed. Lao Qi will keep a close eye on the charts. If you want to get entry levels, position sizing plans, and risk-management strategies as soon as possible, come join Lao Qi's chatroom!
#巴西交易所B3拟2027年上半年推出证券代币化平台
#比特币反弹至8.3万美元