$RAVE
RAVEUSDT
Perp.
0.53719
-75.06%
Everyone thinks shorting coins with no real utility is easy money, but that’s exactly where market makers trap liquidity.
Look at $RAVE it slowly pumped over days, building momentum without strong fundamentals, attracting aggressive shorts who assumed a collapse was inevitable.
As short positions stacked and funding likely turned negative, price kept grinding higher, not because of value, but because liquidity was sitting above. Shorts got squeezed one by one, feeding the move.
Then the moment sentiment flips and traders start opening longs, a single aggressive candle wipes out weeks of gains.
That’s the cycle — not driven by utility, but by positioning and liquidity extraction.