$CHZ I just went to check the on-chain sell orders totaling more than 200 million that are putting downward pressure on the price—this has to be driven down to 0.03. The World Cup is just a way to hype up something that’s already expired/delayed. The market makers had already laid out their positions half a year ago. Anyone entering now at 0.03–0.04 is just getting played. The market makers completed their layout early in the 0.015–0.0222 range. The first pump up to 0.06 has already taken out 90%. The final 10% of the market makers was cleared at 0.05. What’s left are the “high-position” bagholders still standing guard at the top and not running—won’t they understand the pain only after the market makers smash the price down below 0.03 and trigger liquidations?

CHZ-4.66%
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