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$SIREN Moving towards a higher high??? Will it break 2.5??
The long-short ratio has surged to 350%, which is already an extreme sentiment, not a normal market condition. Large on-chain funds are continuously flowing out, which is more direct than any signal, indicating that the main players are withdrawing rather than preparing to continue pushing up. This position doesn't look like a simple trap to induce buying; it more resembles weakening at a high level. The main players won't directly dump the market but will push up while gradually selling, leading people to mistakenly think it will rise further.
The next likely scenario is that the rebound will weaken increasingly, trading volume can't keep up, funds will continue to flow out, and only then will a true decline occur.
Don't be fooled by the rebound; the risk in this pattern lies ahead. Rick will share specific levels in the private domain. #Gate广场五月交易分享