#数字资产市场动态 $PUMP The recent dip has been quite interesting. The price is moving downward, but the open interest remains high, which usually indicates that big players haven't truly exited the market.



What's going on? Most likely, leveraged long positions have been forcibly liquidated. During the decline, there wasn't any sudden surge of heavy selling pressure; instead, there was clear buying support at key support levels. This is a typical sign that the main forces are using market sentiment to clean out aggressive short-term longs—once these liquidations are complete, the rebound tends to be very strong.

**My view**:
📍 **Long Position Strategy**
📊 **Entry Range**: 0.00265 ~ 0.00270
⛔ **Stop Loss**: 0.00250 (must be executed, don't be soft)
🎯 **First Target**: 0.00295
🎯 **Second Target**: 0.00315

Once a rebound signal appears, the bullish momentum at this level should be quite strong. The resilience of open interest is actually a signal—indicating that this dip might be a healthy shakeout rather than a sign of main force distribution.

The market is always testing your patience and execution ability.
PUMP0.18%
View Original
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.
  • Reward
  • 9
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned