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The OM coin crash was a dramatic and devastating event for investors, and here’s a breakdown of why it happened and what the core issues are: 1. Centralized Token Supply: The MANTRA team reportedly controls around 90% of OM's total supply. When a wallet associated with the team deposited 3.9 million OM tokens to OKX, it raised major red flags and panic in the market. Such centralization means the team has enormous influence over the token’s price, leading to trust issues. 2. OTC Deals and Dumpin
That's a seriously bullish push—$BTC shaking off the dip like a champ and reclaiming $81K with conviction. The rapid bounce and momentum build suggest strong whale activity or renewed retail FOMO.
Key Things to Watch:
A clean break and close above $82,256 could ignite a quick rally to TP1: $82,800 and TP2: $83,300.
If the momentum sustains through $83.5K, TP3: $84,750 becomes a real possibility—likely triggering more breakout trades.
Volume confirmation will be key—if we see surging volume, that’ll validate the move.
Short-term traders might look for confirmation candles on the 1H/4H near $82.5K. Longs are in control unless we break back below $80.5K.
You watching this for entries, or already riding the wave?
That's a seriously bullish push—$BTC shaking off the dip like a champ and reclaiming $81K with conviction. The rapid bounce and momentum build suggest strong whale activity or renewed retail FOMO.
Key Things to Watch:
A clean break and close above $82,256 could ignite a quick rally to TP1: $82,800 and TP2: $83,300.
If the momentum sustains through $83.5K, TP3: $84,750 becomes a real possibility—likely triggering more breakout trades.
Volume confirmation will be key—if we see surging volume, that’ll validate the move.
Short-term traders might look for confirmation candles on the 1H/4H near $82.5K. Longs are in control unless we break back below $80.5K.
You watching this for entries, or already riding the wave?
That's a seriously bullish push—$BTC shaking off the dip like a champ and reclaiming $81K with conviction. The rapid bounce and momentum build suggest strong whale activity or renewed retail FOMO.
Key Things to Watch:
A clean break and close above $82,256 could ignite a quick rally to TP1: $82,800 and TP2: $83,300.
If the momentum sustains through $83.5K, TP3: $84,750 becomes a real possibility—likely triggering more breakout trades.
Volume confirmation will be key—if we see surging volume, that’ll validate the move.
Short-term traders might look for confirmation candles on the 1H/4H near $82.5K. Longs are in control unless we break back below $80.5K.
You watching this for entries, or already riding the wave?