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😭 I just finished eating, and the sky is falling!!!
Another liquidation!!!
I opened my phone and saw,
$LAB It went straight from 20 dollars to 13.7,
Almost halved!
I was so shocked I dropped my chopsticks.
This isn't a pullback,
This is them using me as leek filling for dumplings! 🍽️💔
$ETH This one is as steady as an old dog,
Breaking through $1,600,
Up 1.6% in 24 hours,
Latest price around $1,602. But don't get too excited—RSI 6 is only 35, a classic "weak bounce, ready to drop again" posture. Those who bought the dip at 1,750 must be catching the wind at the peak now, right? 🌬️
Let's focus on LAB, that's the real star today.
Crashed from 20.2450 to 13.8200, with a trading volume of $470 million stacked up for dumping!
The whale doesn't need a reason to pump, and even less to dump.
When it hit 27 on June 2nd, the funding rate soared to 2%—a sign of leveraged frenzy. And then? The liquidation wave directly halved it. LAB's supply is highly concentrated; it can collapse at any moment.
Can LAB return to 20? There are still hundreds of millions of dollars in unlocks coming in July. Buying the dip now is like catching a falling knife—catch it and you're a hero, miss it and you're a martyr 🪦. Either wait for the unlock to settle, or wait for $BTC to stabilize above $65K and LAB to break through 14 with volume.
Comment below: Which LAB peak did you stand guard at? 👇 Or have you been at the top all along!