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$ESPORTS $SYN $A2Z Conan late-night counterattack!
Soaring into the sky
I mentioned yesterday that, $ESPORTS the funding rate quickly flipped from +0.5% to -0.4%, such a level of change is definitely not something retail investors can achieve, there must be big funds repositioning at high levels behind the scenes.
As a result, today the market directly provided the answer.
Prices started to weaken continuously, funds chasing longs at high levels were gradually trapped, and market sentiment quickly shifted from frenzy to panic.
Many people always think that main players will exit with a big bearish candle, but truly mature whales usually don’t do that.
They prefer to oscillate repeatedly at high levels, making retail investors think there’s still hope, encouraging bottom-fishers to keep entering and taking on positions, and finally slowly distributing the chips.
Currently, the short-term weak structure of ESPORTS has already formed, and before funds flow back in, I still won’t consider blindly chasing longs.
Better to miss out than to be the last to buy the dip.
CONAN Hero Dog 20th, tomorrow, ecosystem opens
#沃什首秀美联储利率不变 #美伊14点备忘录曝光 #Gate现货交易量增幅全球第一