The LUNC, oh resilient crypto army..
Many of you are now opening the "Order Book" and are shocked by the red color. Yes, the selling rate has reached 75%, and huge sell walls are approaching 220 million pieces at the 4200 level.
But.. have you asked yourself why the price is still "green" (+4.77%)?
Here is the truth that the whales are trying to hide from you:
1️⃣ Spoofing Walls: These million-dollar selling numbers are often "fake". Their goal is to instill fear in your hearts to sell at a loss, while they quietly accumulate from below.
2️⃣ Smart absorption: Despite the massive selling pressure, the price remains stable above 4190. This means there is a tremendous buying power that "devours" everything that is offered. Buyers are stronger than you can imagine!
3️⃣ Zero hour (April 17): Don't forget that we are only 6 days away from the major upgrade SDK 53. The whales know an explosion is coming, and they want to flush out the "weak hands" before the flight.
Tip:
Don't get carried away by the immediate red numbers. Look at the price and the stability of the currency. Whoever has the information owns the market, and the information says: "The upgrade is coming, the burning continues, and the whales are preparing.
#LUNC #bainacesquare #luncburn
