$WAL The higher the price climbs, the more cautious you should be!!
This rally looks more like a high-level battle after a rapid surge of capital, with clear short-term selling pressure from profit-taking.
Smart-money data shows that 97% of major long positions are currently in profit. This suggests that capital positioned at lower levels has accumulated substantial unrealized gains. In the short term, major players may continue pushing the price higher to test the upside, but beware of a pullback as investors take profits at these elevated levels.
On-chain data shows that after the price touched around 0.05, some retail investors took profits and sold. However, the market has not seen a significant increase in volume on the way down, suggesting there is still buying support below and that selling pressure has been absorbed for now.
Brother Hao suggests that if the price continues to fall, you could build long positions in batches between 0.465 and 0.45. Be sure to manage your position size 👇
$TRUTH #9月CPI来袭原油美债走势如何
This rally looks more like a high-level battle after a rapid surge of capital, with clear short-term selling pressure from profit-taking.
Smart-money data shows that 97% of major long positions are currently in profit. This suggests that capital positioned at lower levels has accumulated substantial unrealized gains. In the short term, major players may continue pushing the price higher to test the upside, but beware of a pullback as investors take profits at these elevated levels.
On-chain data shows that after the price touched around 0.05, some retail investors took profits and sold. However, the market has not seen a significant increase in volume on the way down, suggesting there is still buying support below and that selling pressure has been absorbed for now.
Brother Hao suggests that if the price continues to fall, you could build long positions in batches between 0.465 and 0.45. Be sure to manage your position size 👇
$TRUTH #9月CPI来袭原油美债走势如何