The giant whales are churning, and retail investors are terrified! What is the secret behind the sharp rise and fall of TRB? "
Triple alert on the news:
The giant whales have not withdrawn from the market: the top 5 addresses still control more than 40% of the market. On-chain data shows that the giant whales have frequently placed orders near US$42 recently, but have simultaneously transferred chips to exchanges, suspected of pulling up and withdrawing at the same time.
Shadow of team selling: The Tellor team has transferred a total of 21,000 TRB to the exchange in the past month, just as the price hit a high of $43. Historical experience shows that team sales are often accompanied by a cliff drop.
Contract powder keg: The current funding rate is -1.8%, and the short position accounts for 65%. If the whale explodes the short position for the second time, the price may rise to US$50 in an instant, but the risk of counterattack is extremely high under extreme congestion.
Technical long and short game:
The Bollinger Bands are closing and changing: the 4-hour line is close to the middle track (US$40), and the channel narrows to US$38-46. The direction of the breakthrough depends on the volume. If the volume stabilizes at the previous high of 43.9, it is expected to hit US$50.
MACD hides a crisis: the daily MACD golden cross but the red momentum column shortens, and the hourly top divergence begins to appear. If the price reaches a new high but the indicator does not follow, it may trigger a 15%-20% correction.
Key position life and death line: The rising trend line formed by the low point of 19.43 supports at 38 US dollars. If it falls below, it will confirm a bearish trend. The above 50 US dollars is a psychological barrier, and there are many locked-in positions.
Operation summary:
Short-term: Try long positions with a light position in the $42-43 range, stop loss at $39.8, target at $48.
Medium-term: Add to positions if it stabilizes at $45, and go short if it breaks $38.
Life and death line: The chip movements of giant whales are the weather vane, and those with abnormal movements on the chain will be the first to escape!
Tonight, the whale address suddenly saw an abnormal movement of 10,000 TRB. Is it a sign of violent pull or crash? The market is turbulent at present. It is lonely to walk alone. Click the avatar to follow me for daily spot potential layout and bull market strategy layout.
