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Whales are withdrawing and running away every day, are you still foolishly chasing the high as fuel? $HYPE The correction is about to begin!
RSI is seriously overbought, a technical waterfall is imminent!
Whales with 5x leverage have an unrealized profit of $42.7 million, their principal has quadrupled, and daily withdrawals are raising the liquidation price. Are you planning to keep rushing in to be their liquidity withdrawal machine? The RSI at 89 is right there, after such extreme values, the probability of a pullback exceeds 90%, and you know what to do with your eyes closed!
The liquidation map of long and short positions has already formed!
Currently, a large number of short orders are stacked above the price at 73-74, and long orders are stacked around 72 below. The market depth is extremely thin, as long as the main force lightly steps on it, they can liquidate both sides completely. If you rush in, you're just feeding the main force’s dual-sided harvest and getting slaughtered!
Operation strategy:
Short: Enter short around the current price of 73
Long: Wait for a pullback to around 70-71 before entering long
Whales are pulling and running, RSI is over the top declaring exhaustion, holders are collectively locking in profits. Smart money has already started to retreat. Do you still want to be the last chives standing? Hurry up and follow this correction to eat some meat!
#加密市场延续反弹