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$SKYAI Not Unkong, but missing out on opportunities again.
There are already signs of outflow in on-chain funds; the in-market fee rate is positive; and from smart money insights, the share of profitable long positions is 90%, yet none of them have taken profit.
This proves that the long-side big players are still around, and that the long-side chips are all concentrated in the project team’s hands; the cost-effectiveness of pushing upward is no longer high. In the short term, the market maker will inevitably offload some inventory to lure a drop.
Technically, it has also been monitored that the main holder’s coin-holding addresses have reduced their holdings.
Go with the trend and follow the wave—enter a short position around 0.8 to catch a move, then wait for the pullback before continuing to go long. We are currently laying out the right entry position—Brother Liu is waiting for you in the chat room! #Gate广场五月交易分享 #LayerZeroCEO承认协议缺陷