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Attention all ZBT members! The dog market's move is too ruthless! A classic pattern of raising prices to sell off + pulling back to shake out traders with consecutive kills!
In the late trading session, they pushed the price to 0.23 on good news, tricking us into chasing higher;
Early morning, they directly broke below 0.21, wiping out all stop-loss orders;
Then they hovered between 0.20-0.21 to pretend support, luring everyone to buy the dip;
Finally, they directly broke through 0.19, leaving the bulls completely defeated!
The whole process was just to complete the transfer of chips, don’t fall into the dog market’s trap again!