A major hack bombshell, yet it surged 80%? $INIT The whales’ master plan—retail traders, don’t become cannon fodder!

Once the bad news is out, it’s good news; whales are bloodthirsty and leave nothing behind!

Guys, the major bearish news of the INIT hack being halted has somehow sent the price up 80%! Look at the fund flows: major players are aggressively net buying over the medium to long term. Look at the liquidation map: there are shorts trapped all over above. And look at the whales: the long-short ratio is 234%, and shorts with an average entry price of 0.17 are now deeply underwater!

The major players’ intentions are clear: use panic over the bad news to shake out holders and accumulate, then turn around and force a short squeeze!

Trading advice: Aggressive traders can go long now; conservative traders can wait for a pullback to around 0.18–0.19 before going long.

For the latest entry and stop-loss levels, follow @老张说趋势 for updates

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