$DOT DOT This price action is a pure bull trap. The highs on the 4-hour chart have been steadily declining, and the rebound ran out of steam at 1.2754. Trading volume nearly doubled, making it obvious that the whales are using the opportunity to dump their holdings and get out.
The funniest part is the retail traders: 70% of them are stubbornly holding long positions. The big players have already pulled their money out, leaving the vehicle packed with retail traders who refuse to give up. Bulls are even paying funding fees to bears. This support level is paper-thin; once it breaks, it’ll trigger a cascade of long liquidations, and every rebound just hands fresh victims to the bears.
#9月CPI来袭原油美债走势如何 #DOT $DOT #TRUTH $TRUTH 👇
The funniest part is the retail traders: 70% of them are stubbornly holding long positions. The big players have already pulled their money out, leaving the vehicle packed with retail traders who refuse to give up. Bulls are even paying funding fees to bears. This support level is paper-thin; once it breaks, it’ll trigger a cascade of long liquidations, and every rebound just hands fresh victims to the bears.
#9月CPI来袭原油美债走势如何 #DOT $DOT #TRUTH $TRUTH 👇