MERL this game is empty, rebounds are all opportunities to get in. The current structure has the standard "ready to kill" vibe.
1️⃣ The technical aspect is almost broken down.
0.5 Can’t break through after three attempts? Then it’s hopeless. Every time it touches the resistance level, it gets violently pushed back down, and the volume increases—this is not called suppression, this is called the ceiling is welded shut. The buying power is completely hollow.
If the main force is unwilling to push it up, do you expect it to rise on its own? Stop dreaming. BTC and ETH are both pulling back, can MERL go against the trend? Impossible.
2️⃣ December unlock = chronic death
12/12, 15, 16, 19—four consecutive strikes, 70 million pieces directly smashed into the sky. This is not an unlock, this is a flood of supply. OTC low-priced chips can explode you at any time. Their cost is several times lower than yours, and a slight rebound is just giving away money; they won’t let it go. The market has already scared off buyers with this kind of unlocking rhythm. Even the supporters have disappeared, how can it rise?
3️⃣ Big players have sharpened their knives
16 million MERL (8 million USD) just entered Bybit. Brother, this kind of volume is for selling, not for touring. And it just happens to be transferred in right before the unlock? This is called a head start. Big players are starting to queue up on the exchange; do you think retail investors can hold on? Once the market smells this kind of scent, the sentiment drops directly into negative territory.
🔚 Crypto Brother's short view (the most straightforward version)
This market looks like: the top can’t hold → unlock is going to crash → big players are ready to run = best time to short.
Short-term rebound? Sure. But that’s to add to the short position. My own view is very simple:
Main trend is short, rebound adds to shorts, the real pullback point is most likely at 0.40. When it gets there, wait for it to rebound a bit, let it catch its breath, then continue to short it.
