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sassyed
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BlackGodBit
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Bearish
H-USDT's current 4-hour structure has broken through the upward channel, and some of the top-ranking holding addresses are also fleeing. The on-chain transactions are all robots engaged in wash trading... The reason for the continuous upward move these days is that the chips are in the hands of the manipulators, with the top ten on-chain holding addresses accounting for 98% of the total. This coin is not only maliciously manipulated but also continuously consumes capital; however, its market value has reached 1 billion US dollars. I believe it has peaked, and now it's on a downward trend. Last night during our live broadcast, we shorted at 0.1, and the take-profit point given at that time was 0.083. If you have already taken profit, you don't need to chase it now. We will place our short order at 0.081, which is near the resistance level of the broken upward channel. For the current altcoins, I believe their actual market value should all be at 300 million US dollars or below... Any altcoin that rises is actually just for the purpose of harvesting retail investors and cashing out. So don't always think about buying the dip; these worthless coins have a ceiling when they rise, but no bottom when they fall...
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