Yang Guang BIT RAVE Strategy (Current price 0.936)

【Market & On-chain Core Status】
Technical: 1-hour timeframe has stabilized above the MA7 average line (0.905), completing a rebound correction from the oversold low of 0.8597, with strong support at 0.89-0.90 (EMA30 line + concentrated chip area), the first strong resistance at 1.0-1.05 (MA30 line + trapped volume area); 4-hour timeframe remains in a bearish arrangement, the medium-term downtrend has not been fully reversed, beware of a quick pullback on volume breakout.
On-chain Data: In the past 24 hours, the top 100 whale addresses collectively increased holdings by 12 million tokens, with a slight increase in concentration, but the top 10 whales showed no large inflows or outflows, main force locking positions for wash trading, no signals of activation or distribution; overall exchange balances on the network decreased by 0.45%, easing selling pressure but no large-scale accumulation actions, mainly a stock game.
Futures Market: The overall long-short ratio is 0.92, with 52% of open interest in short positions, a large number of high-leverage shorts stacked above $1.00, forming potential fuel for a rally; 24-hour futures open interest increased by only 2.1%, no volume expansion, perpetual funding rate at -0.01%, market sentiment cautious.
【Today’s Strategy】
✅ For holders (average cost long at 0.945): Continue holding at the current price of 0.936, set a stop-loss at 0.88 (below this round’s low to avoid false triggers); when rebounding to around 0.94-0.95, reduce position by 50% to recover principal, move the remaining stop-loss up to 0.90 to protect capital and play a game; if it rebounds to 0.98-1.0, close all positions directly, no breakout above 1.0 without volume is a game changer.
✅ For non-entry users: Do not chase high, after stabilizing on the pullback at 0.89-0.90, lightly and gradually build long positions, stop-loss at 0.85, target 0.98-1.0; only if the price rebounds to near 1.0 and encounters resistance and falls back, can you try shorting lightly, stop-loss at 1.05, target 0.93.
Confident and disciplined, controlling the rhythm throughout, continue steady arbitrage today 💪
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