reef is basically the most attractive currency in this round of market.

At this position, we should remind you not to chase high prices. The main force has already taken profits and run away. The current pull-up is very likely to explode the last short orders and madly lure more. Let's analyze it below.

First of all, this coin was removed from the spot by BN, but it still exists as a currency of Heyue. We can see from the figure that the price is 0.00079-0.001. There is a lot of money quickly entering Binance contracts to start violent positions. It is roughly calculated that if the cost is 0.001, a position of about 30 million US dollars is built. At present, this position of 30 million US dollars has been pulled up from 0.001 to 0.005. The shipment has been completed, and the position has returned to the initial position of the position.

At the same time, the price has risen to the position of the large-cycle chip turnover area. This wave of the market for this coin can basically be declared to be at the end of the rise. Since this coin has no spot, the participation of retail investors in Binance can only be said to be opening contracts. When the price of the coin started to rise and the overall market sentiment was not good, the short-selling sentiment of retail investors was particularly high. During the process of rising, they harvested retail investors' short-selling all the way, and at the same time, the main force held long orders, so as to continuously close positions and make profits. Now that the market sentiment has risen, the main force has continuously raised the price of the coin, and the long contract orders have been closed. At the same time, the only air force in the market has been blown up, and now many people have changed their thinking to chase long. At this time, the main force can use the funds from closing positions to establish short orders with retail investors. While pulling the market, it lures more retail investors to get on board, and finally the whole long-short double kill is a perfect closed loop!

The trend combined with the contract market rate shows that the current four-hour overbought continues, and the contract market rate is low. It may need to break a new high to lure more buyers. After a period of divergence, the upper price can be gradually adjusted. 0.0053/0.0057 is a strong pressure.

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