$TRIA 24 After a 42% surge, we're now entering a really interesting "high-stakes gaming phase".
Looking at the candlesticks, the price shot up to 0.0337 and then started to consolidate. Although the funding rate is still positive, indicating bullish sentiment, the nominal long-to-short ratio is as high as 61%. Such uniform bullishness often leads to the main players triggering a reverse washout.
The most exciting part is the smart money data; it's basically a "double kill" for both bulls and bears.
Most of the latecomer bulls (average cost 0.0367) are stuck at the top, with a loss ratio exceeding 74%;
Meanwhile, the bears who tried to short have not fared much better, with nearly 300k USDT in unrealized losses showing that the previous surge was too aggressive and wiped them out as well.
However, in the last half hour, net buying volume has exceeded selling volume, indicating that some capital is quietly stepping in, so a full-blown collapse hasn't happened yet.
Trading advice: Currently, the MACD is showing a death cross with some pullback pressure, so don’t rush into chasing the highs.
Keep a close eye on the 0.030 support zone. If it pulls back without breaking and there are buy orders coming in, that’s a relatively safe entry opportunity;
However, if it drops below 0.030, be cautious as the main players might really be offloading.
#SBF服刑期间计划出狱后发新币 #美伊协议拟设3000亿私募基金 $BR $H
Looking at the candlesticks, the price shot up to 0.0337 and then started to consolidate. Although the funding rate is still positive, indicating bullish sentiment, the nominal long-to-short ratio is as high as 61%. Such uniform bullishness often leads to the main players triggering a reverse washout.
The most exciting part is the smart money data; it's basically a "double kill" for both bulls and bears.
Most of the latecomer bulls (average cost 0.0367) are stuck at the top, with a loss ratio exceeding 74%;
Meanwhile, the bears who tried to short have not fared much better, with nearly 300k USDT in unrealized losses showing that the previous surge was too aggressive and wiped them out as well.
However, in the last half hour, net buying volume has exceeded selling volume, indicating that some capital is quietly stepping in, so a full-blown collapse hasn't happened yet.
Trading advice: Currently, the MACD is showing a death cross with some pullback pressure, so don’t rush into chasing the highs.
Keep a close eye on the 0.030 support zone. If it pulls back without breaking and there are buy orders coming in, that’s a relatively safe entry opportunity;
However, if it drops below 0.030, be cautious as the main players might really be offloading.
#SBF服刑期间计划出狱后发新币 #美伊协议拟设3000亿私募基金 $BR $H