PEPE Tonight's Market is a Meat Grinder! The Dog Dealer Buried 27.6 Million Dollars in a Liquidation Zone, Should Retail Investors Kneel to Cut Losses or Stand to Profit?
This market makes my neck hair stand on end! PEPE is now stuck at $0.0000143 playing high-altitude bungee, with $0.0000155 above it nailed by the Dog Dealer's 28 trillion short positions, and $0.0000132 below it cushioning 36 million retail stop-loss blood bags. Three hardcore data points tell you that tonight we either explode 40% to feast on a whole lamb or get halved by 20% to cut losses!
1. Technical Aspect Playing 'Infernal Affairs'
The Dog Dealer is playing this wave more flamboyantly than a casino! The four-hour MACD is poised to death cross just above the zero axis, and this death cross looks exactly like the night before the surge on May 8th—when the golden cross turned into a death cross, resulting in a crazy 137% spike in three days. The Bollinger Bands are tighter than a girl's hair tie, and that needle at midnight pierced down to $0.0000140 only to bounce back, clearly indicating a graveyard for $120 million long positions buried between $0.0000132 and $0.0000145.
2. On-Chain Surprise 'Squid Game'
Detected a giant whale dumping 1.79 trillion PEPE three hours ago, then opened equivalent call options on Deribit. What’s even wilder is that Binance’s cold wallet just transferred out 2.21 trillion PEPE, this operation is exactly like the pre-play on May 17th! The top 100 holders secretly consumed 8.7% of the entire network's circulation, resembling the scene before the SHIB surge in 2023!
3. News Brings a 'Black Swan'
The funding rate skyrocketed to 0.0227%, and the buying depth for perpetual contracts on OKX and Bybit is 2.7 times that of selling. But the bombshell is that Twitter is going wild over AAVE potentially including PEPE as collateral; if this is confirmed, it could spike 30% in no time!
Tonight's Life and Death Line:
1. The Daredevils set a short at $0.0000148, and a long at $0.0000135, with position not exceeding 3%
2. Experienced traders should watch the $0.0000143 powder keg, where the Dog Dealer has placed an $80 million long-short arbitrage order
3. Break through $0.0000155 and wait for a pullback to $0.0000150 to chase; if it falls below $0.0000132, watch for the gap at $0.0000126
Fortune favors the bold, ride on the scythe's edge! In this market, are you ready to be the tender leek devoured by the CME futures gap, or will you drink first with the whale ahead of the AAVE good news?
In the crypto world, opportunities and risks coexist; remain vigilant and timing is key. I also discovered a short-term skyrocketing project with huge doubling potential! If you want to keep up, follow me for free sharing!
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