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$LAB Is it still mostly empty? For small funds afraid of liquidation, look here—these coins with high control by the market makers have a very low win rate when trading based solely on candlestick charts.
The key is to monitor the main capital flow.
Currently, on-chain data shows some large amounts of funds flowing out intraday, and the price has also experienced a downward trend, but it hasn't reached the stage of panic selling and fleeing. Don't rush to heavily short now.
My judgment:
In the short term, it is highly likely to continue consolidating before the next wave of rally.
The project team holds over 90% of the chips, and the process of distribution will be very slow.
#Gate广场五月交易分享
I think he resembles River more.
This market manipulation should be gradual and steady, not wiped out all at once.
It should rise for a period of time.