$AKE It feels like it could go more. Wait for another round of stop-hunt and then go long. This person got liquidated at 0.0035, but the issue is that this coin unlocks tomorrow—so why has it kept pumping? Anyone understand why?

AKE-0.92%
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ZhongLuTianContractNumber
· 07-20 04:32
7.20 $ETH midday analysis
Key price levels of the channel: middle band 1853.95, upper band 1883.17, lower band 1824.72
The price initially saw a sharp pullback and touched the lower Bollinger Band to complete a bottom confirmation. It then traded sideways upward, holding above the Bollinger middle band. The prior resistance level has turned into a short-term core support; the Bollinger Band channel, which had been narrowing downward, is gradually flattening, indicating the downside momentum has stopped and a recovery phase has begun. The current price is moving just below the upper Bollinger Band; the 1883.17 level forms strong short-term resistance. Only if there is a breakout above the upper band with increased volume can further rebound space be opened. One individual suggestion: buy around 1825-1780, target 1890-1980. A volume-backed breakout will break 2000 #BTC # ETH #BTC trend analysis
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Mina
· 07-20 01:24
Unlocking doesn’t necessarily mean a crash; it might even keep pumping for a few more days before distribution.
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LittleLittleLittleYel
· 07-20 01:23
Hynix is going up; it doesn’t necessarily mean 0.35 will break out.
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GateUser-0af3633a
· 07-20 01:22
There are just too many “green onions” (small-time traders). Every time they bait a short—luring the market into a fake sell-off—people rush in to board. With even a bit of capital, it turns into a stampede, triggering a chain reaction of liquidations and pushing the price to fresh new highs.
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GateUser-b42573d9
· 07-20 01:21
Wasn’t it unlocked on the 28th? Why does it say it will be unlocked tomorrow?
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