Looking at the current main force's capital allocation reveals how divided the market is: on the short side, there are 8.29 million U, while on the long side, only 2.62 million U. The short capital scale has forcibly eaten up more than three times the long side. This is no small matter.
Furthermore, the average price is even more heartbreaking. The bears entered at an average price of 0.1628, and now the floating profit has already exceeded 2 million U. Who would be willing to close their position easily with this gain? In contrast, the bulls entered at an average price of 0.1281 and haven't moved since; they are basically holding on at the cost line, with little safety margin.
The key level is right around 0.129, very close. Once it effectively breaks below 0.128, the existing long orders are likely to be triggered by stop-loss orders in a stampede-like manner, and the chain reaction will be unstoppable.
Smart money and whales are aligned—they are all bearish. Before a true structural reversal in the long-side funds occurs, it's better to hold off on bottom fishing. No need to rush.
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RetiredMiner
· 16h ago
Are the bears eating up more than three times the bulls? Damn, the disparity is outrageous. The bulls are basically giving away money.
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AirdropAnxiety
· 01-07 10:38
Shorts eating three times the longs? This is too outrageous, the longs are really numb from being trapped.
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Breaking below 0.128 means the game is over, and the stop-loss orders will also start bleeding heavily. Don't even mention chain reactions.
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Not closing the position with a floating profit of 2 million, how strong must the short-term mentality be? I would have exited long ago.
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Holding onto the cost line stubbornly is really a killer move. Are the longs betting on a rebound or just can't hold on anymore?
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Smart money is bearish, so just go short. Anyway, I also can't understand this market clearly.
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No rush to buy the dip, this is so true. Greed will be your downfall.
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SoliditySlayer
· 01-07 10:37
Shorts with 3x leverage suppressing the market, longs stubbornly holding the cost line, this situation is really tough. Once 0.128 breaks, the panic selling effect will be inevitable. I think I'll wait and see for now.
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FantasyGuardian
· 01-07 10:26
The bears are so fierce, while the bulls are still sleepwalking. This battle can't be fought.
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HodlOrRegret
· 01-07 10:22
The bears have eaten three times the bulls, the disparity is quite extreme... Looks like we really have to wait.
Looking at the current main force's capital allocation reveals how divided the market is: on the short side, there are 8.29 million U, while on the long side, only 2.62 million U. The short capital scale has forcibly eaten up more than three times the long side. This is no small matter.
Furthermore, the average price is even more heartbreaking. The bears entered at an average price of 0.1628, and now the floating profit has already exceeded 2 million U. Who would be willing to close their position easily with this gain? In contrast, the bulls entered at an average price of 0.1281 and haven't moved since; they are basically holding on at the cost line, with little safety margin.
The key level is right around 0.129, very close. Once it effectively breaks below 0.128, the existing long orders are likely to be triggered by stop-loss orders in a stampede-like manner, and the chain reaction will be unstoppable.
Smart money and whales are aligned—they are all bearish. Before a true structural reversal in the long-side funds occurs, it's better to hold off on bottom fishing. No need to rush.