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$RAVE Buy the dip and go long.
Last night, the main force of the rave closed long positions, with ( holdings ) 5-minute liquidation reaching 2.77 million, which is about 2.7 billion in longs, starting a new round of consolidation.
This is a normal correction; after all, there were indeed too many longs below.
The big players pushed down at this point last night; only by clearing out the long positions chasing the bottom can they better push the price up.
Indeed, 99% of the spot holdings are in their hands, but having a lot of spot holdings doesn't necessarily mean they want to dump the market; it’s more about better controlling the price and absorbing spikes.
Currently, the rave is still gradually adding liquidity, but not as aggressively as yesterday.
You have to understand, for the big players, unrealized profits are not the goal; the goal is to realize the profits and take the money.
The money from unrealized gains is never truly theirs; taking profits when the time is right is what belongs to them.
Wouldn't you agree?
#Gate13周年Dr.Han公开信 #加密市场回升 #美军封锁霍尔木兹海峡