memefi has risen 10 times from the bottom, can it still rise?

memefi has risen 10 times from the bottom, can it still rise?

To be honest, I really don't know, I can only say the overall outlook is bullish

From the alpaca incident, everyone has realized, right?

Shitcoins are just manipulated

When others pump, it rises; when they dump, it falls, unlike BTC which discusses fundamentals and cycles and can analyze macro data

So what is the situation with memefi now? Will the whale pump again?

memefi: Statistics of major mainstream exchanges

Market capitalization: 38 million

Contract trading volume: 400 million

Contract open interest: 47 million

Long-short ratio: 0.86 [Most people are bearish]

But I found that when it dropped below 35 million market cap, everyone started to go long, long-short ratio above 1

This line is the open interest [coin], you can see that the popularity has always been high and the open interest has not really dropped

So there is hope it will pump again, of course, this is just our subjective guess

This price range is very important, consolidation between 32-38

Last time it surged to 53

I looked at the data, the subsequent pump is a liquidation

Airdrop large liquidations causing the rise

So it drops quickly as well

Because it wasn't really raised with real money

This whale likes to violently wash the market, everyone needs to be careful and absolutely do not chase the high

Continue to observe

$memefi