$RAVE I dare not participate anymore, I won't touch anything in the demon city, completely detached from all market synergy technical analysis, brothers, I suggest not to touch it, it's too tricky.
$RAVE This round we will conduct a deep analysis 1 The dealer no longer relies on spot profits, purely contract profits, with a high control rate, using large players to short and trigger liquidations to continuously push up prices, leaving shorts hanging on the tree.
2 The dealer's funds are only 50 million or even less than mine, but relying on chip advantages, a few hundred thousand dollars can double the position because there are no sell orders, all transactions are done by robots buying and selling to raise prices, only a small amount of transaction fees are consumed.
3 After pushing up prices, they use the difference between spot and contract to control and adjust the funding rate, continuously sucking blood from the shorts, creating new highs, and quickly pulling back after a sharp drop to eat funding fees and liquidation liquidity (overvalued market cap deceiving shorts to enter, low-cost violent stretching).
In a snowball effect, they clean things up, leveraging strength to make profits; the large spot market cap fundamentally has no market to support it. Similar to $SIREN , they are all false market caps due to the extremely low circulating chips.
Summary: Holding the position ultimately lost over 400,000 in funding fees, infinite backup still fears volatile coins, the holding king never gives up, dare to pull me, I will continue to hold!
$SIREN callback to go in more, this coin only has major drops, the downward trend is a callback to get you on board, just go in directly without hesitation. Remember, holding on is the key.