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The main force is shaking the market, creating panic to absorb positions.
For a long time before, it had been moving sideways and trading in a range. The price stayed above 0.30 and repeatedly ground there, indicating that the main force had been rotating positions at high levels.
This large bearish candle directly smashed from around 0.30 down to 0.25 extremely fast—many long orders didn’t even have time to react.
If, later on, it quickly rebounds with an increase in volume and pulls back above 0.27, then this move is more likely a shakeout.
But if it keeps trading weakly in a sideways range and rebounds without any strength, that means the capital has truly started to withdraw.
Everyone can start by going long with a light position. If it pulls back with increased volume, you can add a bit more to your position.
#HYPE再度领涨 #PlatinumCard作者专属