$AERO 24-hour surge of 24%, from 0.35 to 0.43, trading volume skyrocketed to 18.9 million, but on-chain data shows large holders secretly sold 800k tokens this morning. Is this the night before takeoff, or is it a scripted dump by the whales to push the price higher?

Three reasons to be bullish: 1. Breaking above the previous high resistance at 0.42, trading volume hasn't decreased, the 30-minute candlestick remains above the moving average, and technical signals on the right side are strong. 2. The TVL on the Base chain has been rising recently, and as a leading DEX token, AERO is sharing in the ecosystem's benefits. 3. Contract holdings hit a recent high; funds willing to buy near 0.35 are not fools, indicating smart money is betting on the linkage.
Three reasons to be bearish: 1. The 24-hour increase is too large, RSI has hit 72, approaching overbought, and a pullback is more likely than continued rise. 2. The 0.44-0.45 range is a dense area of previous trapped positions, with visible selling pressure; breaking through requires larger capital. 3. At 4 a.m., on-chain data shows a transfer of 50 million tokens to an exchange; although not sold, it’s a clear market test of absorption capacity.
My trading advice: If you haven't bought in yet, a small position to try long is okay, with a stop loss at 0.415—if this level breaks, it indicates a false breakout. Take profits in two stages: sell half at 0.45, close the rest at 0.47. If you're already holding, don’t be greedy—take some profits. Keep your position below 5% of total funds; short-term volatility is too wild.
Follow me; I’ve experienced more pitfalls on the Base chain than candlestick patterns, at least helping you avoid one more crash. Finally, your own call: if it can rise, subtract 1; if it crashes, subtract 2.