🔥🔥🔥 Damn! Are these two coins on Viagra or on a shot of chicken blood? 😰???

Just finished eating and took a quick look,

$RE ‌、$O ‌,

It totally threw me off.

RE shot up to 0.84, O soared to 0.91!

One +70%, one +38%,

Is this the rhythm to break even???

Why is RE so crazy?

On June 18th, it hit five major exchanges in one day,

The listing price was 0.4, doubled to 0.8.

Plus the story of “on-chain reinsurance”

—Targeting Lloyd’s of London, Munich Re, a trillion-dollar market, institutions got hyped. Coinbase Ventures also invested.

But I have to remind you, in the 390 million trading volume, large on-chain transfers skyrocketed to 40%, while exchange net inflow decreased—those who understand know, the whales are front-running and wash-trading.

Why is O also flying along?

Today at 6 PM, spot trading for O goes live, yesterday OUSDT perpetual contracts launched with up to 20x leverage.

Once the contract opened, the bulls went all-in, pushing the price from 0.5 to 0.91.

What’s the current situation?

RE has fallen back from the high of 0.84 to around 0.73, O is also hovering around 0.8.

Brothers chasing the high are already trapped at the top, blowing hot air, while shorts are cursing the whales for not playing fair.

RSI is above 60, MACD is starting to turn—at this level, bulls fear a pullback, bears fear a second wave, both sides are in agony.

Honestly speaking: don’t get caught up within three days of a new coin listing, just look at how RE dropped from 0.59 to 0.39 in a few hours. The whales pushed hard, and also dumped hard. You focus on their gains, they focus on your principal.

Comment below: Did you chase this wave? Are you standing at the top or catching the bottom precisely? 👇
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