$LIGHT The guillotine appears, a 77% crash in 5 hours, with shorts being liquidated for a total of 4.84 million dollars.
This wave from the doge farmers started with opening long positions at the bottom, then violently drove up to attract retail investors to chase the rise, initially trapping the shorts before crashing the market to trap the longs. The total liquidation across the network reached 7.64 million dollars in 4 hours.
The altcoin surge is just an illusion; the current position has not truly stabilized. From the on-chain analysis, funds are still continuously flowing out. Do not blindly enter to catch the bottom; it's better to observe for now. Friends holding this coin must strictly set stop-loss and take-profit measures to prevent being trapped.
$RAVE $XPIN #美国非农数据超预期 #加密市场观察 #巨鲸动向




