搞笑君

AIA has entered the palace for the second time, $RTX hasn't been launched yet... Is this reasonable?

I am bearish on the recent short-term structure of $MERL , and my direction is mainly focused on short positions.

From the 24H trend, MERL is currently priced at 0.429, repeatedly failing to break through the 0.435–0.44 range, which is clearly a pullback structure after a false breakout.

The highs cannot be pushed higher, forming a short-term double top / secondary high point
* Price is close to previous high resistance, but volume has not increased
* The pullback has consistently failed to effectively hold above 0.43
* The 24H high point is 0.4416, and the low point is 0.4209, and after some fluctuations, it looks more like distribution.

* Short-term moving averages (MA5 / MA10) are starting to flatten → indicating a death cross
* High-level fluctuations but RSI is significantly diverging
* Frequent upper shadows indicate heavy selling pressure above

My short-term strategy direction:

Entry: 0.428 – 0.432 short in batches

Stop loss: above 0.445 (placed outside the 24H high point to prevent false breakouts)

Take profit targets:

* First target: 0.405 – 0.41** (previous support area)
* Second target: 0.385 – 0.39** (if sentiment weakens)

Risk-reward ratio: ≥ 1:2

Currently, MERL is not making a strong breakout but is repeatedly giving you selling opportunities at high levels.
> If it cannot hold above 0.43, the rebound is a short point.

* This is not investment advice, strict loss management, discipline first.

In fact, the current problem with $MERL is not about whether there are favorable factors, but rather who is willing to spend money at this stage.
First, let's look at the realistic supply and demand relationship. This round of unlocking in December essentially adds 'potential sell orders' to the market. Nearly 70 million chips are queued to enter the market, and even if there hasn't been a real sell-off yet, buyers are already calculating: since there will be goods available later, why should I chase now? As a result, demand actively shrinks, and prices naturally cannot rise.
Next, let's look at the participant structure. Early OTC participants have such low costs that they have almost no psychological burden. For them, the most comfortable operation is to wait and sell during a rebound. So you will find that as soon as the price shows any sign of rising, some people start to cash out, making it difficult for the market to form continuity, let alone reverse the trend.
On-chain behavior has already written this expectation on its face. Before the unlocking, 16 million $MERL entered the exchange. To put it bluntly, this is about finding an exit in advance, not wanting to wait for everyone to step on the gas and scramble for liquidity. This action itself is reducing market expectations.
Overall, it currently seems more like a phase where buyers are continuously observing, and sellers are on standby at any moment. In terms of short-term operations, rather than betting on the 'lowest point', it would be better to treat the rebound as an emotional repair window, releasing risks accordingly. At least until there is a significant improvement in structure, rushing to buy the dip looks more like picking up chips for others.

So from my perspective, the odds of going short at 0.45 in the short term are far higher than going long right now.

$H The trading volume seems okay, but the structure of the transaction volume is crucial. Most trades come from retail investors' FOMO, while institutions are the opposite, gradually transferring coins to exchanges. I have reduced my position to secure my capital.

$H I really admire you, I will no longer play with the dog house.

From the overall market sentiment, $MERL's recent performance seems more like being "dragged along" by the overall weak market. It's not that it doesn't have its own story, but rather that there are too few funds willing to take risks in the current environment. The result is that every time it approaches $0.5, it feels like hitting an increasingly thick wall.

The $0.5 level is not just a technical resistance; it resembles a "psychological boundary line for holders." After three failed attempts to breach it, the market's default expectation has turned into: **Once it reaches this point, someone is bound to sell off.** Once this expectation is formed, breaking through becomes even harder, because every increase in volume is interpreted as "someone wants to run away," rather than "someone wants to push up."

The buyers' hesitation is also quite evident. Although the trading volume has increased, there is no cohesive active buying, with more being tentative relay attempts. Once they see that the selling pressure above hasn’t eased, they immediately back off. Simply put, no one is willing to be the "last baton."

On-chain data also shows very typical signs of weakness: continuous reductions start around $0.5, with batch after batch of chips choosing to exit at the same price level. This indicates that the selling pressure is not incidental but structural, with selling itself being more proactive at higher levels.

Therefore, rather than interpreting $MERL's recent trend as "unable to rise," it is better understood as:
**The current market's "risk pricing" for it has not yet been fully reset, and the chip structure remains bearish.**

In this environment, even if there is a rebound later, it is likely just to clear out floating chips, rather than a true trend breakthrough. Buying at highs can easily be seen as "relay lifting," ultimately getting trapped at the peak of the wave.

A more prudent approach is still to:

* Maintain a light position or watch and wait
* Wait for market sentiment to warm up and for the chips above to be digested more cleanly
* Take action only when there is a clearer low absorption range or trend signal.

Overall, $MERL currently seems more like it's in a phase of seeking direction at a high level, but bears hold the advantage psychologically and structurally, so it is still mainly defensive in the short term.

$H only 11 days, that whale address dumped on MEXC, such high-frequency large-scale withdrawals indicate there must be problems internally
Don't try to catch the big player's sell-off, wait until it drops to 0.03 before considering whether to take a look

Only 11 days, the $H whale address dumped from MEXC with large withdrawals. This kind of high-frequency large-scale reduction indicates that there must be problems internally.
Don't try to catch the big investor's trades, wait until it drops to 0.03 to consider whether to take a look.

After observing the Humanity Protocol market for a few days, even a slight buy order gets crushed by the $H whales, leaving retail investors with no space to survive here.

Correct, yihe is absolutely right, we've just begun
CA: 0x444450b7968a4c05048f8a87484608e193e91022

In fact, the most important thing about a token is its IP culture, so the $SameBoat plan can be regarded as a good IP that highlights great love and the official collaboration with CZ, which I am very optimistic about.
CA: 0x444450b7968a4c05048f8a87484608e193e91022

Today's Alpha Airdrop, ANOME and SUBHUB.
It has missed five times in a row; even if it's a pile of dung today, I still want to taste it.
#ALPHA

I've been into cryptocurrency for eight years now, and I no longer need to work.
Today, while casually shopping, I ran into a high school classmate.
He's not doing well, and I can tell he doesn't have much money,
judging by the fact that he only put one dollar in my bowl.

Logical and well-founded

Powerful analysis

Very good

Good

Good

Although this kind of speculative line-drawing cryptocurrency appears every year, there are particularly many this year. At the end of last year, it was X, this year MYX, starting with M, all kinds of weird phenomena have come.
Continuously, COAI, the speculators keep trading back and forth, one trick is enough to go everywhere, yesterday another 4 times BLESS appeared.
The brothers in the community often ask me if they can play, I just want to say, this kind of celestial battle, mortals shouldn't participate.
Diligently protect your own wallet and wait for the right moment.

#MYX #COAI #BLESS