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Brothers, I just pulled out the 30m chart of $PTB and noticed something strange 👀
Check out the recent closing positions of these few K-lines — the market maker keeps pushing the price up, then pulling it back to the original level at close, repeating this pattern for several candles. The price hovers above, while the volume underneath keeps getting thinner.
More importantly, the market maker keeps pushing the price higher and preventing it from falling, just waiting for you to get impatient and chase the long. Once they pull back the push, all the buy-ins above become gifts to the market maker.
Brothers, now you only need to focus on one thing: whether the volume on the next 30m $PTB candle truly increases to support a breakout. The volume is still shrinking, and I remain bearish here 📉#Gate广场四月发帖挑战