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$SIREN I estimate that many people went heavily short after seeing the downward signal. Aside from a small number of short-term traders taking profits and exiting, high-leverage players are either getting liquidated or continuing to hold their positions...
This round of long-short liquidation is just a teaser. The goal is to clear out high-leverage traders. As I previously mentioned, the tactics of capital warfare + volume surge with large bullish candles + plaza KOL water army shilling have not yet appeared. I suggest waiting a bit longer.
The long-short position ratio is 2:1, with most of the longs held by dog whales. The purpose of adding positions at 0.5 is mainly to squeeze shorts. Currently at 0.73, there’s a possibility it could go up to 0.9. Be cautious when going long.
Since it’s already at this point, why not just call some dog whales to jointly push the price to 1? That way, the harvest could be even greater, right?
By the way, pipin’s price has plummeted dramatically. Has the trader switched to siren? $SIREN