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$DAM This trend looks like the script from the whales is just reaching its climax.
Check out this candlestick chart; the price shot up over 120% from the bottom and is now firmly sitting above the EMA7. The MACD on the four-hour chart just flipped green, clearly indicating a mid-stage rally, not the end. The whales are being honest: out of 178 positions, 92 are holding onto losing trades, and with a long-to-short ratio of 64%, it’s clear the bulls are gritting their teeth and accumulating more—no way the whales are going to stop until they liquidate the shorts.
The next likelihood is this: first, we’ll see some sideways action at this level to fake a drop, scaring retail traders into dumping their bags. As the trading volume shrinks, those 66 anonymous whale addresses will suddenly drop another sell order, intentionally creating a long wick to entice shorts to enter. Once the shorts are gathered, the whales will flip the script and launch a powerful move, breaking through the previous high at 0.0578 and heading towards 0.07 to wreck the bears.
Smart money is holding a 3.08M position; do you really think they’re here to give away free cash?
At this level, it’s either time to scoop up the bloody chips alongside the whales in the panic, or you’ll be left watching the price soar, kicking yourself later.
#WCTCTradingKingPK #比特币Breaks79K #CryptoMarketsRiseBroadly