Explosive Inside Information!
$AUCTION Stuck at 43, Unable to Move!
$AUCTION has surged 4 times since February 21, bolstered by Korean buying, but now it is stuck at a high of around 43, unable to rise or fall. What's going on? This trend is strikingly similar to BNX from a month ago, brewing a dramatic showdown of bulls and bears!
Main Players' Manipulation: Data reveals that the main players are luring shorts! The candlestick chart creates a false top to confuse retail and institutional investors, with a large number of long positions already set up, aiming for a double kill of bulls and bears.
Old Trick of the Project: This coin jumped from Polkadot to BSC, lying low for years, relying on the bear market to pull up and harvest profits, the market-making team is playing the situation brilliantly.
New Hype Strategy: Recently, BSC has been booming, and it has resurfaced, forcefully tagging itself as RWA—art tokenization, even organizing a physical auction of Yayoi Kusama's "Pumpkin," which was eye-catching at the Seoul exhibition in mid-April.
Reasons for Inability to Move Up: The project is old and lacks innovation; aside from early long positions and self-buying by the project party, funds are not keeping up.
Bottom Card that Cannot Be Broken: Retail and institutional investors are clustering to short, while the project party has ample ammunition to stabilize the bottom against shorts.
Horizontal Accumulation of Capital: The coin price is stuck in the 40s, leveraging the Korean exhibition and BSC's popularity to raise money, with a daily trading volume exceeding one billion for a project valued at 290 million—truly an old hen laying golden eggs!
Advice: Those who have made a profit should run quickly; those who haven't entered should avoid it; if positions are exposed, they might just vanish!
Years of heartfelt advice from industry experience, a few days of monitoring summarized, caution is key!
#加密市场那点事儿 $AUCTION