$M : Everyone's making money, but whose money is it?
Brothers, I’m sweating over this MUSDT action.
The long positions have doubled. Smart money’s entry was at 2.353, whales at 2.274, and the current price is 4.82. How much profit? Over 100%. Whales have stacked profits above 13 million, and 98% of folks are seeing green on their accounts. But have you thought about it? Everyone's making money, but whose money are they making?
The shorts have already taken their hit. Their entry was between 3 and 3.02, and the price shot up from 3 to 4.8 thanks to those short stop-loss orders being triggered step by step. Those who needed to get liquidated got burned, and the shorts are out of fuel.
Now let’s look at the numbers. The long-to-short ratio is at 471%. Out of 100 people, over 90 are in long positions. Everyone who could get in has piled on; even the rooftops are full. Who's left pushing the price up? No one. The rest are either looking to exit or waiting for a crash.
The daily chart has surged from 1.4 to 4.8, with each bullish candlestick longer than the last, and volume consistently strong. The seasoned traders call this 'chasing the top', not the best time to join.
What stands out most are the whales. Less than 200 addresses hold nearly 90% of the supply. They’re not going to exit while it's dropping; they’ll sell when it's at its craziest, with the heaviest buy orders. You’re watching 4.82, they’re watching your limit orders.
To the upside, there might be one last push. If it spikes above 5, it’ll wipe out the last of the shorts and hook in a batch of latecomers chasing the rally, perfectly timed for them to offload.
To the downside, once the whale positions start dropping, or a bearish candlestick breaks through key levels, the longs who have doubled their money will be quick to run. Profit-taking will step on each other's toes, no mercy.
If you’ve got low positions, take profits in batches, and don’t be greedy on the last one. If you’re in cash wanting to chase, think about how long those folks up top have been making money; whose position are you taking? If you want to short, wait for the signal, don’t jump the gun. $M
Brothers, I’m sweating over this MUSDT action.
The long positions have doubled. Smart money’s entry was at 2.353, whales at 2.274, and the current price is 4.82. How much profit? Over 100%. Whales have stacked profits above 13 million, and 98% of folks are seeing green on their accounts. But have you thought about it? Everyone's making money, but whose money are they making?
The shorts have already taken their hit. Their entry was between 3 and 3.02, and the price shot up from 3 to 4.8 thanks to those short stop-loss orders being triggered step by step. Those who needed to get liquidated got burned, and the shorts are out of fuel.
Now let’s look at the numbers. The long-to-short ratio is at 471%. Out of 100 people, over 90 are in long positions. Everyone who could get in has piled on; even the rooftops are full. Who's left pushing the price up? No one. The rest are either looking to exit or waiting for a crash.
The daily chart has surged from 1.4 to 4.8, with each bullish candlestick longer than the last, and volume consistently strong. The seasoned traders call this 'chasing the top', not the best time to join.
What stands out most are the whales. Less than 200 addresses hold nearly 90% of the supply. They’re not going to exit while it's dropping; they’ll sell when it's at its craziest, with the heaviest buy orders. You’re watching 4.82, they’re watching your limit orders.
To the upside, there might be one last push. If it spikes above 5, it’ll wipe out the last of the shorts and hook in a batch of latecomers chasing the rally, perfectly timed for them to offload.
To the downside, once the whale positions start dropping, or a bearish candlestick breaks through key levels, the longs who have doubled their money will be quick to run. Profit-taking will step on each other's toes, no mercy.
If you’ve got low positions, take profits in batches, and don’t be greedy on the last one. If you’re in cash wanting to chase, think about how long those folks up top have been making money; whose position are you taking? If you want to short, wait for the signal, don’t jump the gun. $M