Crude oil continues to heat up, the yellow hair is still stirring up trouble, layout a long position, set the stop loss properly, crude oil is likely to soar!
$SIREN The dog dealer has changed tactics again today! Previously, it was said that he was selling around 0.5, but not only did it not drop, it instead surged from 0.52 all the way to 0.64, and now it has fallen back to around 0.54. Don't panic, I’m here to help you expose this 'Don't go, fellow villager' performance. The current situation is quite classic: From 0.64 it fell back to 0.54, on the surface it dropped more than 10 points, but the funniest part is — the dog dealer is secretly escaping! The total number of whales dropped from over 160 yesterday to 141, the main force is retreating; Although the price is still higher than yesterday, there are more whales losing money than making money, it’s obvious that someone is standing guard waiting to take over at a high position; The long-short ratio surged to 124%, with more than 70 out of 100 people frantically buying long, retail investors have all rushed into the market. The dog dealer's script is likely as follows: Act One: Drawing a 'W Bottom' to trick you into the market The price is hovering around 0.54, likely to pull up one more wave to 0.58-0.60, making you think 'the double bottom is in, it’s about to take off!' At this point, retail investors will rush to buy at high prices. Act Two: Closing the door to hit the dog Once you finish chasing, he suddenly dumps the price. The target is directly aimed at 0.38-0.40 — that's where a lot of previous chips' cost zone is, once it crashes down, everyone loses, and those who can’t hold on will directly cut losses. Act Three: Gradual decline to torment Once it hits around 0.38, he won't let you easily break even. He will repeatedly fluctuate in the range of 0.35-0.42, rising 10 points one day, dropping 15 points the next, slowly wearing down your patience, and once you cut losses, he will pull it up again. What should you do now? Absolutely don’t chase high! If you rush in at 0.54, and he pulls it to 0.6, you will only make at most 10 points, but if he dumps, you will directly lose 30 points, it’s not worth it. If you want to short, don’t rush, wait for two clear signals: Price pulls up to 0.58-0.60 but can’t break through; directly falls below 0.50. It’s not too late to short after the signals appear. To sum it up in one sentence: The dog dealer is performing a grand play on stage, the audience (retail investors) has already entered, and the curtain is about to be pulled up. Just sit back and watch the show, don’t go up to be an actor! Brothers, stay calm, preserving your capital is more important than anything else. NFA, DYOR.
$SIREN 24 hours increase of 157%, market value exceeded $390M+, trading volume $85.9M+. BSC chain Alpha project, 46,000+ holder addresses, four.meme platform issuance. This market value is really hard to understand..