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🚨 LAB/USDT | The final celebration of the dog whale, a bearish feast about to begin
Fellow members, this round of LAB pump finally returned to the RAVE mode I can understand.
First, for friends who haven't been watching the market:
• 24 hours directly surged over 35%, a violent pump
• The price is now around $6, continuously climbing
• But the open interest, funding rate, long-short ratio, all reveal the dog whale's little tricks
🔍 Three details tell you the essence of this pump
1. Open interest: sudden drop from high levels, main players pulling and running
Open interest dropped from over 27 million to now less than 5 million.
While pumping, funds are not increasing but decreasing, this is not new money entering, but dog whales quietly offloading using the hype.
2. Funding rate: about to turn negative, longs can't hold on
Latest rate at 0.005%, already multiple negative values.
It indicates more people are shorting the market, longs have to pay shorts, and the buying power is already weakening. This pump is essentially a short squeeze, smashing retail short positions.
3. Long-short ratio: 73% of accounts are short, the short squeeze script is set in stone
73.1% of accounts are short, only 26.9% long, with a long-short ratio of 0.37.
When most people are bearish, dog whales excel at reverse harvesting: first exploding the shorts, then reversing to dump the market, eating both sides.
🎬 This is the classic three-step harvest of dog whales
1. Short trap, target in position
Retail traders collectively short, these short positions are ready-made "harvest targets" for dog whales, who can directly profit by pumping and smashing.
2. Violent pump,诱多 to catch buyers
Big bullish candles, high gains, creating a false impression that "the coin is about to take off," attracting chasing retail traders to buy in.
3. Pulling and withdrawing, main players exit
Open interest drops while price falls, indicating dog whales haven't added positions but are just offloading with the hype. Once the chips are out, the pump naturally ends.
📌 My plan: open short above $10 when the opportunity arises
This pump is most likely the dog whale's final celebration.
• Target price: above $10, wait for volume expansion and long upper shadows before acting
• Position management: build gradually, no all-in, no big single orders
• Risk control first: set stop-loss, avoid being reverse-killed by the last诱多 of dog whales
Finally, a word: in the futures market, when everyone thinks "the coin will keep rising," that's often the most dangerous time.
This time, I stand with the bears.
lab:native #LAB