$1000CAT cat My personal opinion is as shown in the first picture. The data shows that the main long position of cat has not closed for profit at today's high, but has instead been continuously shorting to push the price down. They still seem to be holding onto their long positions, and I feel like something is about to happen. I will try to gamble a bit more, with a stop loss at 0.05.

The main force of the waterfall at this place $1000CAT cat did not close the long orders, but opened short orders at high positions. If the main force's long orders have not been reduced, it should not peak so quickly. There may still be trouble in the short term. Figure 2 is the data just around 0.058. It can be seen that the 24-hour bottom position is still sufficient.
The logic is that it is difficult to sell all the long orders that were increased yesterday. There may be a need to pull up repeatedly before shipping. You can gamble with a light position and loss first, but I don’t know if it will continue to be washed in the short term. If you enter the market, don’t be too aggressive. The market is not very stable recently.