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Brothers, sisters, little sister is watching $AIOT ’s 30m and finds that the market maker is playing a very old trick 👀
Go take a look at how the volume is cooperating—these recent consecutive green candles: every time the move is pushed up, the volume is skinny. The price is hovering in a relatively high range, but the volume simply isn’t keeping up. When volume doesn’t expand, the price runs first—that’s the most common “prelude” to distribution that little sister has ever seen.
What’s more important is that the long order fee rate on the 30m is still showing as positive right now, but the candles are already starting to fail. After two or three consecutive candles with upper wicks, the head gets pressed down. That means the people chasing longs haven’t given up yet, but the market maker’s inventory is already being sent out.
Fee rate positive + reduced volume fake pull + upper wicks repeatedly showing up—three signals light up at the same time, and little sister here is leaning bearish.
Brothers, focus on just one thing: the next $AIOT ’s 30m—does the volume suddenly expand to cooperate and keep the price stable? If it can’t be put out, and another upper wick gets flicked out, then that’s the market maker’s last time borrowing the long side’s hand to unload—don’t let it use you as a ladder 📉#Gate广场四月发帖挑战