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GateUser-a4822757

$AKE It’s the betting zone again now—don’t open a position.

AKE42.21%
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Qi-RefiningGroundhogLoves
· 1h ago
Be bolder; maybe the market maker will remove a zero too 🤪
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GateUser-a4822757
· 1h ago
Mean reversion—this is a betting range. If most of the bulls choose to take profit here, then we’ll continue to squeeze higher to blow up the shorts; if the bulls come in to chase longs, they’re very likely to be left holding the bag, since the shorts have already been liquidated by more than 100 million. I estimate there are still several tens of millions of shorts left to get liquidated in the 0.35 to 0.4 range.
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GateUser-a4822757
· 1h ago
If a lot of the bulls come in here, then we’ll be the ones to take over the trade. Let’s see whether the bulls are bold enough—because I still don’t believe the bulls would enter a long here at this level.
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GateUser-a4822757
· 1h ago
It’s likely to rise, but this isn’t a good spot to chase longs. Wait for a break above the previous high, then when a bearish downside signal appears, short.
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