This washout of RPL was executed beautifully! The captain will help you analyze the main force's trading tactics.

"The money in the crypto world comes from waiting, not from chasing K-lines." Today, I watched the 1-hour chart of RPL/OKEx, observing the price bouncing between $7.2 and $7.8 like a bungee jump, suddenly recalling last year's airdrop experience at the exchange, where my boss said directly: "Young people shouldn't always aim for the fish head and tail; the real skill is to steadily grasp the middle portion of the meat."

1. Was this morning's 'rocket launch' a case of retail investors chasing highs or the main force inducing more buying?

At 3 AM, the chat suddenly exploded — a prominent financial blogger announced that RPL would soon be integrated into a major wallet ecosystem, causing the price to spike violently from $6.8, forming a glaring 'Teletubby' pattern in just 15 minutes, peaking at $7.8, which excited the 'bulls' in the group to slap their thighs in joy. But the old captain frowned at the trading volume: this surge had a trading volume three times larger than the previous day's average, yet there were large sell orders hiding above $7.5, typical of a 'pump and dump' strategy. Sure enough, half an hour later, the main force suddenly withdrew all buy orders, and the price plummeted like a kite with a broken string, dropping to a low of $7.15, trapping those who chased the high.

2. The middle band defense battle: This is the real 'main force accumulation code.'

Watching the price test the middle band of the Bollinger Bands (around $7.25), the old captain actually smiled — this isn't panic; it's the main force sending us chips! I revisited the homework I did in the community last week: during the adjustment on May 20, RPL stabilized thanks to support from the middle band, subsequently leading to a 15% rebound. Looking at the current correction, the trading volume has shrunk by 40% compared to the surge, and the MACD double lines are 'entangled' above the middle band, showcasing typical 'low-volume wash' characteristics. The best part is that the exchange depth chart shows a sudden influx of 120,000 USDT buy orders in the $7.2-$7.3 range, effectively catching all the chips dumped by the main force the day before.

3. The secrets in the liquidation orders: This is the survival rule for seasoned traders.

Last night at 10 PM, I monitored data from a certain derivatives platform and noticed that short-selling RPL's leveraged accounts suddenly surged by over 2000. Many new traders excitedly opened long positions as they saw the price plummet, only to be met with a 'false breakout' from the main force — the price instantly pulled back to $7.4, directly wiping out 30% of the short positions. This kind of tactic is too common in the crypto world: the main force always operates in the opposite direction when retail sentiment is at its most extreme. I recalled my first experience of being washed out last year, spending three sleepless nights staring at K-line charts, only to realize that I was the 'king of being harvested.' Now I've learned the 'three no's principle': don't chase sudden good news spikes, don't panic during low-volume pullbacks, and don't follow the crowd into trades.

4. Key levels for tomorrow: These three lines determine whether one eats meat or dirt.

Now watching the three major signals on the order book: ① The middle band at $7.25 must hold; if it breaks, we may test the lower band at $7.0 in the short term; ② Trading volume must increase gently, returning to at least 100,000 USDT/hour; otherwise, it's a rogue-style inducement; ③ The 4-hour MA30 moving average (at $7.35) is about to golden cross MA60, which is the 'nuclear weapon' for the bulls' counterattack. The old captain conducted a poll in the community last night, and 78% of the brothers believe it can rebound to $8.5, but we must speak the ugly truth upfront: if we don't hold above $7.5 before noon tomorrow, those heavily positioned can reduce their holdings by 30% and wait for a clearer trend before re-entering — in the crypto world, surviving is always more important than making quick money.

Before wrapping up, I glanced at the community messages, and a new follower DM'd me: "Captain, I chased the high yesterday and got stuck at 15%, should I cut my losses now?" This message suddenly reminded me of myself when I first entered the market in 2020, blindly following trends with my savings, only to be beaten down by the market. I really want to tell all new traders: the crypto world is not an ATM, but a battlefield; every crash is a 'health report' for seasoned traders, and every correction is a 'growth lesson' for newcomers.

2600 days on the financial path, an exclusive guide for pioneers in the crypto world: Insight into the market, steady progress; follow the captain to learn how to grow steadily, where risks and opportunities coexist in investment; blind trading is a big taboo in the crypto world!