$CHR still mindlessly chasing more? Let's see what the whales are doing. Although the price is rising, the number of short-selling whales has quietly increased to 81, significantly more than the 56 long-position whales. However, the value of long-position whales' holdings is as high as 0.18M, compared to 0.14M for short-position whales. More importantly, the average opening price for long-position whales is 0.0451, currently in a profitable state, while the average opening price for short-position whales is 0.0473, with most in a loss. This indicates that although there are many short positions, the truly strong funds (long-position whales) are positioning themselves at low levels and have already begun to profit. The current market is not very volatile, and the rates are normal, which may be building momentum for the next wave of upward movement.
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CHR Latest Update: Price Surge: CHR has significantly risen over the past 24 hours, with an increase of more than 4.39%, mainly driven by strong buying interest. Technical Strength: The bullish arrangement of the exponential moving averages and positive MACD indicators suggest that the upward momentum will continue. Noteworthy Trend Confirmation: The exponential moving averages (EMA 7, 25, and 99) for CHR show a clear bullish arrangement, with short-term averages positioned above long-term averages, indicating strong upward momentum. However, also be cautious of High Volatility: The average true range (ATR) and standard deviation (STDEV) have significantly increased over the past 24 hours, indicating intensified price fluctuations and potential for sharp reversals.
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