#GatePreIPOs首发SpaceX

$GENIUS The rate is -0.1009%. The shorts are still paying protection fees on top, but my little sister feels uneasy looking at the 1h chart—if you count back, to the sixth candle the huge volume spike of 10.9M directly pulled it up to 0.6617. As a result, the volume from the previous completed candle got cut in half to 3.0M, shrinking by 72%.💸

Look—there were two consecutive big surges, climbing from 0.551 to 0.6617, up by nearly 20 points. After this volume explosion, the market maker’s move to surge and push high was immediately followed by shrinking volume—classic behavior for finding the last round of bag-holders. The key is that although the rate is negative so the bulls don’t have to pay the shorts to stay protected, the buying power is already too weak—before that, there was still 5.8M propping things up, but the previous candle simply wilted to 3.0M.

My little sister figured the numbers out: the market maker doesn’t need to pay protection fees to push the price up, but the buying power is dropping step by step from 10.9M → 5.8M → 3.0M—this support is clearly running out of steam. Put it plainly: even if the rate looks good, it can’t hide the fact of volume shrinking while prices stall.

My little sister is watching around 0.615. If the next 1h candle keeps shrinking in volume and drops below 0.60, that will be the market maker’s final lure before they close the net.