Song Xiqing: The new monthly candle is imminent. First sweep the short trap, then target the upside?



We are about to enter the new monthly candle. In my view, before a real upward breakout, the market is likely to first engage in a wave of manipulation — this is the standard playbook: lure retail toward the wrong direction while harvesting the remaining liquidity on one side.

Looking at the liquidation distribution on the chart, there is a sizable pool of liquidity below 58k, which will most likely be swept before the rally. This will also trap those "late shorts," making them believe it will drop to the 50k low.

I want to emphasize one point: the entire manipulation process "may" last 7–8 days, but the big picture remains unchanged — first sweep liquidity downward to the 56k–58k range, then push higher. Same old playbook.
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