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$SLX What I say in my circle is very accurate. You can see that the end of the rallies I mentioned almost always marks the end... This SLX, if it can still rise to 0.65, would also be a fake rise... It's the start of a downward spike... That's because they want to scare off the shorts... Not breaking the highest point is to prevent others from opening shorts... Only giving longs hope to bottom-fish...
For example, now at 0.52, very few are opening shorts at this sideways level, while the proportion of longs is higher... If the big whales want to continue pumping, they cannot stay sideways at a low level for too long.