$SIREN ‌ Keep looking bullish! Currently, Siren has once again shown a downward pullback trend. Old Liu previously believed that before a formal rally, it would usually dip downward first and then start rising after 1-2 days. You can check the daily chart of Siren before its previous two rallies.

Honestly, this kind of manipulation in Siren is quite disgusting. It has been consolidating at 0.7 for a long time, and occasionally a needle appears. Most people can't hold on, even if you think Siren still has a whale behind it and will rally.
On-chain, I also shared some logic in the banned group. In short, 80% of the top 70 wallets on-chain are front-running wallets. Some wallets were created almost simultaneously, transferred the same amount of tokens at the same time, and these tokens have very high value. Any one of these wallets can drain the liquidity pool.
Therefore, I tend to believe that the whales will continue to push the price up, control the fee rate, and their needle manipulation methods are somewhat similar to those of a bull trap!