QNT JUST DID WHAT LSK TAUGHT ME TO EXPECT
I’ve seen this structure before.
With LSK, the mistake was thinking: “It already pumped too much, so the short has to be next.”
It didn’t. The squeeze kept running far longer than most traders expected.
QNT just did something very similar.
When QNT was around $190, the setup was still telling me not to short too early. There was a real catalyst, negative funding, trapped shorts and expanding momentum.
Then QNT exploded all the way to $373.
That’s almost another +95% from the area where many traders were already calling the top.
Anyone who respected the squeeze and caught the long is now sitting on serious profits.
But now the setup has changed.
The spike to $373 was followed by a violent rejection back toward $265. Volume exploded, RSI remains extreme, and the upper wick finally shows that sellers are fighting back.
So I’m asking the same question I eventually asked with LSK:
Is this still a repricing… or is this where distribution begins?
There is one major difference: QNT has a real institutional catalyst behind the move. That means I’m not treating this as a random artificial pump.
But a real catalyst does not mean price can only go up.
For me, this is now:
BLOW-OFF → POSSIBLE DISTRIBUTION
The bulls already proved they could squeeze the market.
Now the bears need to prove they can actually take control.
I’m not trying to guess the exact top.
I want to see whether QNT can rebuild above the post-spike structure… or whether every rebound starts getting sold.
LSK taught me not to short strength too early.
QNT may now teach us when that strength finally breaks.
Bulls or bears from here?
I’ve seen this structure before.
With LSK, the mistake was thinking: “It already pumped too much, so the short has to be next.”
It didn’t. The squeeze kept running far longer than most traders expected.
QNT just did something very similar.
When QNT was around $190, the setup was still telling me not to short too early. There was a real catalyst, negative funding, trapped shorts and expanding momentum.
Then QNT exploded all the way to $373.
That’s almost another +95% from the area where many traders were already calling the top.
Anyone who respected the squeeze and caught the long is now sitting on serious profits.
But now the setup has changed.
The spike to $373 was followed by a violent rejection back toward $265. Volume exploded, RSI remains extreme, and the upper wick finally shows that sellers are fighting back.
So I’m asking the same question I eventually asked with LSK:
Is this still a repricing… or is this where distribution begins?
There is one major difference: QNT has a real institutional catalyst behind the move. That means I’m not treating this as a random artificial pump.
But a real catalyst does not mean price can only go up.
For me, this is now:
BLOW-OFF → POSSIBLE DISTRIBUTION
The bulls already proved they could squeeze the market.
Now the bears need to prove they can actually take control.
I’m not trying to guess the exact top.
I want to see whether QNT can rebuild above the post-spike structure… or whether every rebound starts getting sold.
LSK taught me not to short strength too early.
QNT may now teach us when that strength finally breaks.
Bulls or bears from here?
