Do you remember PIPP at that time? 0.3. It can't drop. This wave is at least 0.5. Now just waiting to be trapped. 0.3 is also waiting to be trapped.
孙笑川 ᅟ
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Bearish
$SIREN This position can be shorted in the first warehouse!! Many people thought that after the drop from 0.7, the rebound to around 2.1 indicated a second wave, let me strip down the truth for you, this is purely a dead cat bounce under highly controlled circumstances! On-chain monitoring has already issued a warning, the supply of this broken coin is extremely distorted, a single giant whale cluster holds 88% (over 640 million pieces) of the spot chips. A few days ago, they just crazily dumped 70% from the peak of 3.6, washing out more than 20 million USD of long leverage in one day, and now the rebound is just a strong support for the market, it is not a return of funds, but rather the 🐶 operator trying to attract bottom-fishing troops to act as scapegoats, covering their distribution of remaining profits. The upper side is full of trapped positions, and the buy orders below are pitifully thin. Once the main force finishes unloading and removes the support orders, it will immediately trigger the second round of a bottomless avalanche, market price directly short!! 👇👇👇
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee.See T&Cs.
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