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#Gate13周年现场直击
$SOON Brothers! This thing was connected to three 30m lines in front—then it directly shot up from 0.16 to 0.385, up 140% 💸
Look, on the 3rd wave earlier, the volume just exploded to 165.9M, breaking through 0.26—up 64 points. Then the one before that, even though it held 0.249, the volume was cut from 178.9M to 62.2M. And the previous one after it closed was even worse, dropping to just 3.1M, down 98%.
The key is the fee rate -2.0%—the shorts are still paying protection fees to the longs. Those “dog” market makers propped it up, pulling price from 0.16 to 0.385 with an utterly ridiculous low cost of stacking bids. There’s no need to send money to the shorts—just look at that upper wick: the candle at 0.2538 was smashed straight down, and selling pressure is starting to show.
To put it plainly: in 24h it rose 75 points, but volume shrank from the explosive 165.9M down to 3.1M—classic behavior: volume surges to push high, then volume contracts and the move stalls. Little sister is watching around 0.245. If it keeps shrinking volume and breaks below 0.23, that’s the “dog” market makers finishing collecting protection fees and getting ready to leave; if it breaks above 0.26 on increased volume, little sister will immediately give up 🎯