$SIREN Is a 28% surge a fake pump or a real bull run? Last night, the Fed's dovish stance pushed BTC to $69k, but on-chain data revealed something: smart money addresses increased holdings of SIREN by 6.8 million in 24 hours, accounting for 3.2% of the total supply. This is not a volume retail investors can scrape together.

Looking at the K-line, the entire range from 0.0337 to 0.0440 is filled with aggressive volume, especially at the 0.039 level, where the main force’s $370k sell-off couldn’t suppress the price; instead, it was instantly absorbed by $8 million in buy orders. Such resilience is rare in MEME coins. More crucially, the 0.034 to 0.036 line has been supported by large orders for 72 consecutive hours, as if funds with insider knowledge are defending the cost basis.

But don’t rush in. The RSI is near 73 now; if it can’t break above 0.0445 within half an hour, it will likely retrace to test support at 0.04. My strategy: accumulate 20% position between 0.04 and 0.041, with a stop-loss at 0.0365 (if it breaks, the main force has withdrawn), first target 0.048, where the MA120 acts as resistance. If today it can break above 0.044 with volume and hold, add another 20% to bring it to 40%.

Don’t go all in. This rally is too tightly tied to Fed rate cut expectations; next Wednesday’s labor data is the real litmus test. For now, follow the whales for swing trades and immediately cut to 10% if the data is bad.

Did you catch this wave?