$ENA 💥 ENA alert is on fire! The main force fled with $47.76 million in 7 days, dYdX's shorts exploded by 100%! Is it a crash or a trap?
Everyone, put down what you're doing and watch ENA!
This is no longer a difference of opinions; this is a 'mass escape of funds'!
The bloody facts are laid out here:
The main force has already run: a full 7 days, with a net outflow of $47.76 million! They are running every hour, every day, the 'foundation' of the rise has been hollowed out!
Bulls are being beaten down: within 24 hours, long positions were liquidated for $1.0955 million, nearly 5 times that of shorts! In the last hour, the money lost by bulls is 184 times that of shorts! This is not a game, it's a massacre.
The whole world is bearish: shorts on dYdX account for a terrifying 100%! The sentiment has already tilted, squeezed to the extreme.
Technical aspects? Completely collapsed!
Prices have fallen below all moving averages, right at the edge of a cliff. RSI has dropped to 34.8, entering a weak zone.
🎯 Our plan is simple and direct:
Direction: Go with the trend, only short, not long.
Entry: Watch for rebounds, lay out positions near $0.2560 (previous low).
Targets: The first target is $0.2520; after breaking it, the space will be completely opened. The second target is $0.2480--$0.2320.
Discipline: Give up all fantasies of 'bottom fishing'! In the face of trends, rationality and discipline are your only protection.
The main force has retreated, the overall trend is gone. Understand the signals and keep up with the rhythm.
Don’t gamble on luck, only act on logic.
Follow me, Recon Brother 🔥 let’s feast together every day! 🔥