Seeing the square discussing the counterfeit $RAVE so extensively, it is said that market makers are now in a difficult position, with a vacuum zone above, holding a large number of long positions, they can only let it drop a bit before making a big move to pull it back. To be honest, this kind of speculative coin really raises people's adrenaline. Many large holders have already shorted at low leverage at high levels, starting from over 100,000 USDT, betting real money on a return. Now it's a battle between retail investors and market makers, seeing who can't hold on first, or whether to continue pushing up? But there's a common understanding: no matter how dazzling the fireworks are, they will eventually extinguish. Market makers are not gods; they also have to balance their accounts. The higher they push, the greater the fuel consumption, and once liquidity can't keep up, or counterparties pull out of contracts, it will be an avalanche. And those large holders with short positions of over 100,000 USDT are not to be underestimated; they dare to pressure from the top and are naturally prepared for a long battle.
The current market situation is essentially a game of who blinks first. The market makers want to push up by another 10%, forcing short positions to explode, while conveniently selling off their long positions at high levels. Large holders think: you can push all you want, I’ll hold until my margin can no longer withstand it. As for retail investors? Many are already on the train, either getting rich or standing guard.
The question is, is this so-called vacuum zone really a vacuum? History has repeatedly proven that the most dangerous places are not where there is selling pressure, but where everyone thinks it can still rise. Once market makers feel that the goods have been sufficiently sold or find that the capital chasing the highs cannot keep up, a large bearish candlestick will follow. The night-blooming cereus is indeed beautiful, but it is destined to wither. The ones who can truly make money are not those who rush in with adrenaline, but those who quietly withdraw when the fireworks are at their most dazzling.
The end of the counterfeit frenzy usually leaves a mess behind. It's not that you can win by running fast, but once you run, don't come back.
This is written for all friends speculating in this speculative coin. Be careful of that scythe; it might be aimed right at your neck.