Magic Eden: The sideways movement is an illusion, the decline is the reality!
The price trend of ME is like a time bomb that could explode at any moment! The short-term moving averages have already sounded the alarm—prices are sliding into a downward trajectory, and the current consolidation is merely the calm before the storm. Don't be deceived by appearances; this kind of 'stability' is often the last scene before funds withdraw!
The downward demand in the market can no longer be suppressed, and the bearish play is about to unfold! Remember, smart people watch the momentum, while retail investors chase after the first opportunity. Want to exit unscathed in the midst of the bloodshed? Uncle Money has already seen through the market's tricks! Hurry up and pay attention, or don't blame yourself for 'missing out' or 'stepping on a landmine'!
