FUN Coin 6.23 Abnormal Volatility Review: The traces of the dealer's manipulation are too obvious!
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Review of the Abnormal Fluctuations of FUN Coin on June 23: The Operator's Manipulation Marks Are Too Obvious!
Today, I will dissect the manipulative operations of the $FUN coin on June 23. The wild fluctuations are all part of the operator's strategy to harvest retail investors. Experienced players in the crypto space understand that this kind of “painting the door” movement is a typical precursor to a slaughtering scheme; beginners must keep their eyes wide open!
1. Violent Pump: The classic “inducing buying” script of the operators
(1) Early Session Accumulation: Stealthy Ambush
From June 22 at 00:00 to June 23 at 6:00, the FUN price lingered near the BOLL lower band of 0.0073 for nearly 30 hours. The MACD quietly golden crossed below the zero line, and those who understand the technology know this is a precursor to a “dead cat bounce”, with the operator secretly accumulating! The trading volume was sluggish, and retail investors wouldn't notice this small player at all. As a result, at 12:04, a large bullish candle in 5 minutes broke through the Fibonacci 50% resistance level of 0.0087, and trading volume surged by 10 times! But any discerning person could see the problem — the MACD “golden cross above zero” followed by a shrinking red column is textbook “inducing buying”! Who would reduce volume during a breakout? Because it simply isn't real buying; it's just the operator transferring funds from one hand to the other!
1. Violent Pump: The classic “inducing buying” script of the operators
(1) Early Session Accumulation: Stealthy Ambush
From June 22 at 00:00 to June 23 at 6:00, the FUN price lingered near the BOLL lower band of 0.0073 for nearly 30 hours. The MACD quietly golden crossed below the zero line, and those who understand the technology know this is a precursor to a “dead cat bounce”, with the operator secretly accumulating! The trading volume was sluggish, and retail investors wouldn't notice this small player at all. As a result, at 12:04, a large bullish candle in 5 minutes broke through the Fibonacci 50% resistance level of 0.0087, and trading volume surged by 10 times! But any discerning person could see the problem — the MACD “golden cross above zero” followed by a shrinking red column is textbook “inducing buying”! Who would reduce volume during a breakout? Because it simply isn't real buying; it's just the operator transferring funds from one hand to the other!
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FUN
0.010002
+3.98%