$RAVE is a textbook case of market psychology meeting leverage—and retail paying the price.
When a token rips from pennies to $28 in a few days, logic gets replaced by emotion. First came disbelief: traders kept stacking shorts, convinced it had to top out. But $RAVE kept pushing higher, triggering a brutal short squeeze and a wave of liquidations.
Then came FOMO. Right at peak hype, positioning flipped—and the market did what it often does after a vertical move. Price rolled over, liquidity vanished, and over-leveraged longs got wiped as it slid back toward its base.
If you’re still holding bags waiting for $10 or $28, you’re not “being patient”—you’re fighting where the liquidity already moved on.
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