$REEF
Let me tell you about the logic of REEF's rise and its final destination!
Let me tell you the result directly: the price will fall tenfold now!
Logic of the rise: retail investors keep going long and short, plus the big investors or dealers add fuel to the fire! When I first observed this coin, it was still around 0.0007. At that time, there was no trading volume, and it often went sideways...
Okay, here comes the key point. This rise is quite high, so many people went to open long and short positions. It is easy to understand that opening long positions will push up the price. Why is it said that opening short positions will also push up the price? The reason is that when you see this unilateral rise, are you afraid to set a stop loss? If you don't set a stop loss, you will be liquidated! Then, although the short positions are opened all the way, they are also closed all the way! In the unilateral market, many people have high profits on long positions, and basically set a stop loss and hold them for a long time. As long as the dealer exerts a little effort, it will go up! And I found a very interesting phenomenon that in the past four days, three days have been pulled up in the three hours of August, September and October. I really don’t know whether it is retail investors who can’t control their hands after getting up or the behavior of the market makers. Last night, the callback and the position are decreasing. The funding rate has become positive and topped the list~ Now it is negative again. And there is another abnormal phenomenon that it will rise when the market falls. I really don’t know whether it is to hedge or to show its presence!
Although the process is wonderful, the ending is determined by the announcement of Binance’s delisting. No matter how hard they try, Binance can’t let him return. That is, the dumping channels and traffic entrances of spot goods have become narrower. In the end, this meaningless altcoin can only die, with a tenfold drop! Of course, now because it has just been delisted, it has heat and popularity, and with the support of Binance contracts, it can still hold on for a while. And this coin has a history of multiple plunges
Therefore, if the long army wants to carry the sedan chair, they can only pray for good luck and not be the last one.
If the air force wants to go short, it is best to hold it after going short to ensure that it does not explode, and choose a good point. The trading volume has dropped a bit recently, but the positions have not dropped. It is safest to go short when the positions are around 30 million U! Then the spiral will fall, and the long positions will be liquidated in succession. Don't be afraid of not having a chance!
The liquidation of this coin is actually relatively rare, so the chips are mainly in the hands of big investors, and they may not have time to run, and their profits will be waived or even lost.The long position is quite heavy now! I won’t show my position, I don’t want to be messed with
