This trend is a classic case of reviving the dead—pulling a big bullish candle to fake a resurrection. From 0.66 to 1.29, densely packed with trapped orders, each price level is sitting on the bodies of longs worth 105 million, two days ago a big bullish candle surged 54%, trading volume exploded 25 times. How many retail investors thought the reversal was happening and rushed in to chase the high?
This project’s actual daily fee income is only $130,000, not enough to pay the team’s salaries. It’s obvious the project team has run out of money and is here to harvest, shorting at market price!
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$ORCA Keep short!! The technology is powerless!
This trend is a classic case of reviving the dead—pulling a big bullish candle to fake a resurrection. From 0.66 to 1.29, densely packed with trapped orders, each price level is sitting on the bodies of longs worth 105 million, two days ago a big bullish candle surged 54%, trading volume exploded 25 times. How many retail investors thought the reversal was happening and rushed in to chase the high?
This project’s actual daily fee income is only $130,000, not enough to pay the team’s salaries. It’s obvious the project team has run out of money and is here to harvest, shorting at market price!
#Gate广场发帖领五万美金红包 #我在Gate广场过新年