$PIEVERSE 🔥 Short positions cashed out! We had everyone hold through last night, and today the market gave the answer! After PIVEVERSE surged from around 0.99 last night, it rapidly dumped; the low was around 0.69. After the big spike up, funds clearly retreated. PIVEVERSE previously suddenly surged from around 0.64, with a peak near 0.99—an enormous increase in a short time. In this kind of fast pump-and-dump move, the most common problem is: price rises on emotion, and pullbacks are driven by capital. After a spike, if there’s insufficient follow-through, funds choose to take profit, and the price naturally reverts. Derivatives data provides early signals by showing contract flows: net outflows are obvious in a short time; funds continue to flow out over 1 hour and 4 hours, indicating that there isn’t enough “high-level” buying power to absorb the selling. The market isn’t short on people who are bullish—it's just that after the move up, fewer and fewer people are willing to keep buying. Altcoin rallies are especially averse to chasing pumps. When a single big bullish candle grabs everyone’s attention, it’s often also when risk begins to accumulate. Last night, telling everyone to keep holding short positions wasn’t about guessing the top—it was about waiting for capital to tell us the direction. Now that PIVEVERSE has fallen back, focus on: support around 0.68-0.70; if it breaks, there’s further room for downside expansion. This is the logic of swing trading: when others see a violent rally and chase in, Lao Lin sees risk and opportunity. Keep watching the screen—the next round of opportunities will keep coming. #ETH重返1900美元 #夏日创作营