#美国核心物价涨幅不及市场预估 BEAT this wave of movement is quite interesting—volume surged with a 25% plunge. Currently, the open interest remains high, which is a clear signal of a long squeeze. From the order book, selling pressure is continuous, and buy support is basically negligible. This isn't an active accumulation; it's just the passive selling pressure caused by leveraged longs being washed out.
Technically, the breakdown is complete, and the recent structure has been entirely destroyed. The downward momentum hasn't exhausted itself yet. If the price again faces resistance in the 0.295-0.305 range, I think shorting is the most trend-following choice. Set the stop-loss at 0.325 (this is a necessary stop-loss point), and look at two targets below: first at 0.265, then see if it can reach 0.235.
This kind of situation is actually quite common. High open interest combined with a sharp decline usually indicates a leveraged blow-up. The price action language is very clear now; it just depends on whether the subsequent development can follow logical progression.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
16 Likes
Reward
16
7
Repost
Share
Comment
0/400
MrRightClick
· 5h ago
It's the same old trick of the bulls getting shaken out. Can it reach 0.235 this time? I bet it can.
View OriginalReply0
TokenCreatorOP
· 6h ago
Oh my, is this another leveraged liquidation? I think the bulls really messed up this time.
Something feels off; the selling pressure is so fierce, who would dare to buy?
If the level is broken, it's broken. Don't wait around. Going short with the trend is the way to go.
View OriginalReply0
DeFiGrayling
· 7h ago
The bulls are about to explode again, I've seen this rhythm too many times
This wave is really fierce, selling pressure can't be stopped at all
It's another high-level bagholder, leverage traders are about to pay tuition again
Breaking the level is just breaking the level, there's nothing much to say about the technicals
The key is whether it can reach 0.235, I feel it might break below
Is there still someone bottom fishing here? I advise you to stay calm
There's still a chance to short this wave, the rhythm is on point
View OriginalReply0
airdrop_whisperer
· 7h ago
It's another long liquidation play, always the same套路
---
This wave is indeed a bit fierce, with the position size still high, it feels like it will drop further
---
Can it reach 0.235? I can't bet on that
---
Short sellers are having a blast now, buying support can't hold
---
I've seen too many leveraged blow-ups, it still depends on how it plays out later
---
The selling pressure is so fierce, support seems like just decoration
---
Breaking through so thoroughly, don't expect a rebound in the short term
---
Brothers who bought at high levels, how's your mindset now?
---
If 0.295 can't be held down again, it will head straight to 0.265
View OriginalReply0
RektButStillHere
· 7h ago
The bulls are about to be wiped out again, this pace is really hard to watch.
View OriginalReply0
TokenVelocityTrauma
· 7h ago
It's the same old liquidation show again. Longs really need to learn to cut losses.
---
The selling pressure is so fierce, buy orders are almost nonexistent... feels like there's still room to go lower.
---
Whether 0.265 can hold is the key; at this pace, it's only a matter of time before it breaks.
---
Holding a position at a high level with a big plunge each time—only after cutting losses does it rebound, truly ruthless.
---
Shorting this wave was definitely the right move, but I'm worried about a reversal halfway through.
---
Why is it that every time we only see the problem after the technicals are completely ruined?
---
With such high holdings, why are they still pushing down? What are the institutions doing?
---
0.235 is a bit far; reaching 0.265 would be pretty good.
---
I've seen leverage blowups too many times, yet some still keep rushing in.
---
Price action has been clear enough; it all depends on whether retail investors believe it.
View OriginalReply0
NFTragedy
· 7h ago
It's the same old trick. Those who bought in at high prices should wake up now.
#美国核心物价涨幅不及市场预估 BEAT this wave of movement is quite interesting—volume surged with a 25% plunge. Currently, the open interest remains high, which is a clear signal of a long squeeze. From the order book, selling pressure is continuous, and buy support is basically negligible. This isn't an active accumulation; it's just the passive selling pressure caused by leveraged longs being washed out.
Technically, the breakdown is complete, and the recent structure has been entirely destroyed. The downward momentum hasn't exhausted itself yet. If the price again faces resistance in the 0.295-0.305 range, I think shorting is the most trend-following choice. Set the stop-loss at 0.325 (this is a necessary stop-loss point), and look at two targets below: first at 0.265, then see if it can reach 0.235.
This kind of situation is actually quite common. High open interest combined with a sharp decline usually indicates a leveraged blow-up. The price action language is very clear now; it just depends on whether the subsequent development can follow logical progression.