This is what a squeeze looks like when the fuel finally runs out. 👀
$MarsCoin first destroyed shorts on the way up, then the move completely flipped and longs started getting flushed as price fell from around $0.27 to nearly $0.10.
The timing matters too. Binance launched MARSCOIN futures on Sept 1 and Spot on Sept 4, right around the period of peak speculation. To me, what followed looks like a classic post-listing hype unwind, profit taking followed by liquidations making the drop even more aggressive.
Setup big long again, big profit coming soon
Stoploss : 0.1 Take profit : 0.16
Now it’s bouncing near $0.125, but I’d want to see real strength before calling the crash finished. DYOR.
August payrolls came in strong at 162K, and unemployment is still at 4.1%.
A lot of people now expect hot CPI to push the Fed toward another hike.
I’m not convinced.
Core CPI is expected at just 0.2% MoM. Headline could hit 0.4% because of higher energy prices, but unless core CPI comes in hot, I don’t see a strong reason for the Fed to hike again.
The Fed just cut rates. Hiking again this quickly would feel like a pretty aggressive policy reversal.
My bet: HOLD at 3.50%–3.75%.
If CPI comes in hot → I expect a short-term hit to risk assets.
If CPI cools → I think gold stays strong, and markets could breathe a little.
I’m holding my gold position $XAU for now and staying patient with U.S. stocks.