$SKYAI ‌ Air Force ready to strike! Longs better run fast


The meme coins have gone wild during the holidays. Is it a trap to take the retail traders' money while they're off? The candlesticks for these coins have lost their reference value; we can only track the flow of funds and the whales' movements.
There's a massive outflow of funds on-chain, and the whales are constantly unloading. The open interest in the small cycles is already showing signs of a downturn, slowly adding to shorts. From the smart money perspective, the bulls have already feasted at the bottom and drained the pool of funds; there's nothing left to suck out, so the whales are definitely going to pull off a drop to reshuffle the deck; otherwise, we might see a direct crash, and then a pump, which feels like charity.
The whales might consolidate and distribute at this level, occasionally spiking to create a false pump, actually to get the retail traders to take the bait, while they sneakily open a lot of shorts and prepare to bail.
Short positions can be set up for entry; a crash might happen by dawn.
Definitely avoid chasing longs; it will trap you for life⬇️⬇️
SKYAI73.03%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin