85% Plunge! "Whale Coins" stripped bare, is $LAB retail investors' exit or stay?



"Only when the tide goes out do you see who's swimming naked," giant whales harvest holdings, retail investors surrender their faith.

1. Smart Money Overview: The current nominal long-short ratio is as high as 219%, but the average opening price for longs is 9.73, with a very high current loss ratio; shorts, however, have a very good profit-loss ratio of 97.72%. On a micro level of "smart money," big whales are divided, with giant whales holding a loss of 3.66 million and being trapped, plus there are huge unlocks in July. Every rebound is pressure from short covering and liquidation. The liquidation strength of short positions (8.0+) far exceeds that of longs (4.9+).

2. From a technical perspective, the 1-hour K-line shows a perfect bearish arrangement, RSI (13.92) has already fallen into "emotional freezing point," and the green area on the right side of the liquidation map is rapidly expanding, indicating this plunge is not a technical correction but a frantic harvest by bears, forming a typical "longs killing longs" tragedy.

3. Da Sheng's view: After bloodbath among longs, is there a bottomless abyss below or a violent rebound?

Short position strategy (main idea): Wait for a rebound near the resistance level of 9.8 - 10.2, defend the previous high, with the first target around 8.5 - 8.0, and the secondary target to retest the previous chip starting point. #我的Gate交易时刻 #山寨 $LAB $BEAT
LAB-3.83%
BEAT63.82%
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