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$SIREN The big players are still here. This is a self-rescue rebound, not a reversal.
Current market: Main forces are replenishing positions, doing a rebound.
Whale Data: Total holdings rebounded from 4.7M yesterday to 7.75M, with main forces replenishing about 3 million U. The long-short ratio rebounded from 15% to 40%, indicating that the main forces are starting to build long positions.
Profit and Loss Status: Profitable whales have an average cost of 0.911, currently with floating profits; losing whales have an average cost of 1.073, close to being liquidated. Main forces are pulling back to the cost area.
Price: Rebounded from 0.84 to 1.0, an increase of about 19%, consistent with yesterday’s scenario of a “weak rebound to 1.0-1.2.”
Big players are pushing the price higher to liquidate or reduce positions.
This rebound is not about reaching new highs but about self-rescue. The funds previously trapped at around 1.07 need an opportunity to sell.
The goal is to push the price to the 1.0-1.2 range, attract bottom-fishing funds to buy in, then gradually sell as the price rises.
Once the selling is done, a pullback is highly likely.
Next trend:
It may continue to rebound to 1.1-1.2, but pressure above 1.2 is very high.
After the rebound ends, a likely decline will follow, targeting 0.8-0.9.
If 1.0 cannot hold, the price will turn downward directly, indicating that the main forces are giving up resistance.
Suggestions:
For those trapped: Take advantage of the rebound to 1.0-1.1 to reduce positions or exit, don’t be greedy.
For those without positions: Do not chase high. Wait for a pullback to 0.9-0.95, or wait for a rebound to 1.1-1.2 to short.
Stop-loss: If it falls below 0.9, the rebound may end, and you should exit decisively.
The big players are doing a self-rescue rebound, targeting 1.1-1.2, but the overall trend remains a downtrend continuation. The rebound is an opportunity to reduce positions, not a time to chase highs.