$PUMP, plummeted 24%! Made thousands overnight!!
The main force fled with 34 million USD, but I stumbled upon a treasure?
Today, let's review last night's extreme operation of this PUMP!
On-chain data shows: a net outflow of 34.22 million USD in 24 hours, a trading volume of 1.92 billion, with a net outflow from the main force reaching 21.948 million USD, and a reduction of 11.43% in the main force's position!
From the K-line perspective, PUMP dropped more than 24.16% last night with a large bearish candle, crashing down from the high point to 0.00515 USDT, almost a cliff-like drop, and the selling pressure was fierce!
But in this extreme panic, I went long on a short position, buying at a low and picking up real treasure!
I went long on a short position, buying at a low and picking up real treasure! This trade was executed decisively, and amidst the bloodshed, I found a gem!
Although the main force's selling was fierce, the buy orders at the bottom were exceptionally dense, indicating clear short-term funding support;
RSI is severely oversold + intraday bottom divergence signals appeared, indicating strong momentum for a short-term rebound;
Trading volume increased but the price did not hit new lows, clearly indicating a rhythm of “wash and then pull”!
This is not luck; it's understanding the rhythm. Knowing the main force's behavior allows you to know when to be cautious and when to be aggressive.
