Brothers, no beating around the bush today, even if I get criticized, I have to lay the truth down: those who dare to bottom-fish $MERL now are either bound by sentiment or are purely sending themselves to the slaughter — there's no second possibility for taking over, it's just being a stepping stone for big players!
Just look at the market: the 0.5U key support level is as solid as a welded iron plate, being pressed down every time after three attempts, with each rebound being a trap for the main forces to offload. The main players have made their attitude clear: the trapped positions above can be resolved or not; I only sell at high points, clear out my positions and run away directly!
Even more explosive news is coming: today on-chain directly smashed out a super big surprise — a giant whale deposited 16 million $MERL to Bybit in one go! What does 16 million pieces mean? This is flipping the table in front of global retail investors: "I'm going to crash the market, you all keep dreaming and hyping yourselves up!"
It’s not over yet! In mid-December, 70 million OTC chips are about to be unlocked, equivalent to dumping a trainload of market-crashing ammunition directly into the liquidity pool. Those who are quick to act now are the smart ones; when the unlocking tide comes, the rest will only be pressed down to the ground, with no chance to resist!
Don't keep believing that "if it has dropped a lot, it’s the bottom"! For such a fundamentally broken asset, there is no support below, only a vacuum zone leading straight to the Mariana Trench. Do you really want to get on board? Fine — prepare your coffin capital first, or you’ll end up crying out for help, blaming no one for not warning you in advance!
