#币安HODLer空投MMT has recently struggled a bit at the position of 0.1670. Looking at the Candlestick, the long positions are clearly not as strong as before, and the short positions are starting to dump at high levels. What does this kind of trend usually indicate? The probability of a short-term pullback is increasing.

The market needs to take a breather and digest the profit-taking before the next wave of rally. My personal opinion: around 0.166, it is worth considering setting up short positions, watching the two support levels at 0.160 and 0.158. Of course, setting stop-losses is the key.