$BR Don’t rush into shorting! The signs of the project team controlling the market are very clear!
Let’s get straight to the point: BR is absolutely not a good candidate for shorting at this stage.
It quietly started moving up last night. The gains looked unremarkable, but in reality, the move was designed to quietly draw retail traders’ attention. By the time people woke up, it had surged in a single move, wiping out a large number of short positions.
There are two key reasons why the market has been so resilient over the past 24 hours.
First, addresses linked to the project team have been continuously accumulating tokens on-chain. Their efforts to control the market are plain to see, as they keep collecting tokens while riding the market trend.
Second, 18 million tokens are being unlocked today. The market has made a big deal of the unlock, pushing the market cap higher. This is a classic “dragon lifting its head” rally.
The daily chart has closed higher for several consecutive days. At its core, today’s explosive rally looks like a classic pump-and-dump move. We can refer to the previous breakout to a new high: today’s price could easily surge and then hit a top.
But even if you understand this setup, I still don’t recommend casually shorting in the short term. The major on-chain players haven’t withdrawn yet. As long as they’re still in, retail traders who stubbornly short could easily get squeezed repeatedly.
Old Li’s trading plan for everyone 👇
In the short term, simply follow the project team’s momentum and go long with the trend. More conservative traders can wait to enter long in the 0.66‑0.68 range, with an initial target of 0.8.
If you’re unsure about your entry timing or price 👉老李专属短线日内合约群 Old Li will continue positioning in major coins and strong intraday altcoins. $ETH #CryptoVaultDepositsTop$10Billion
Let’s get straight to the point: BR is absolutely not a good candidate for shorting at this stage.
It quietly started moving up last night. The gains looked unremarkable, but in reality, the move was designed to quietly draw retail traders’ attention. By the time people woke up, it had surged in a single move, wiping out a large number of short positions.
There are two key reasons why the market has been so resilient over the past 24 hours.
First, addresses linked to the project team have been continuously accumulating tokens on-chain. Their efforts to control the market are plain to see, as they keep collecting tokens while riding the market trend.
Second, 18 million tokens are being unlocked today. The market has made a big deal of the unlock, pushing the market cap higher. This is a classic “dragon lifting its head” rally.
The daily chart has closed higher for several consecutive days. At its core, today’s explosive rally looks like a classic pump-and-dump move. We can refer to the previous breakout to a new high: today’s price could easily surge and then hit a top.
But even if you understand this setup, I still don’t recommend casually shorting in the short term. The major on-chain players haven’t withdrawn yet. As long as they’re still in, retail traders who stubbornly short could easily get squeezed repeatedly.
Old Li’s trading plan for everyone 👇
In the short term, simply follow the project team’s momentum and go long with the trend. More conservative traders can wait to enter long in the 0.66‑0.68 range, with an initial target of 0.8.
If you’re unsure about your entry timing or price 👉老李专属短线日内合约群 Old Li will continue positioning in major coins and strong intraday altcoins. $ETH #CryptoVaultDepositsTop$10Billion