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From a crash to a 6x rebound: Behind SIREN, it's not market trends, but "funds rebuilding pricing power"
Many people think this is a rebound, but the real logic is—chips are being redistributed
First phase: Panic liquidation
At the beginning of the month, SIREN plummeted from $2 to $0.13: a nearly 90% drop
The essence of this step is not market movement, but:
Market liquidity was cleaned out, and weak hands were completely shaken out
Second phase: Funds quietly entering
Starting April 5th, a group of key addresses began to act:
Continuously withdrawing SIREN from exchange Alpha wallets, totaling 30.07 million tokens (about $25.09 million)
This is not ordinary buying, but: systematic accumulation
Third phase: Price being re-priced
During the continuous withdrawal process:
SIREN's price rose from $0.13 to $0.83, an increase of over 6 times
Note the key point:
The price increase occurred during the "chips being taken away" process