Short $UAI

① Down 47.31% in 24 hours, crashed from 0.1314 to 0.0648—cut in half
② Only 2.8% above the 24-hour low of 0.0629, with almost no rebound
③ 70.4% of retail accounts are long, with a long/short ratio of 2.38—they're still buying the dip even after a 50% drop
④ Trading volume is 106 million, OI is 97.57 million—the positions haven't been flushed out
⑤ Funding rate is +0.005%; longs still aren't being penalized, which means there's more room to fall

A halving, price hugging the bottom, and 70% of traders long—when these three things come together, there's only one outcome

The 20:00 candle crashed from 0.0668 to 0.0632, and the rebound only reached 0.0652—it couldn't climb back up

If the next 15-minute candle loses 0.0629, there's no support below

Are you buying the dip or following the dump? #UAI #做空 #合约