The Inside Story of PUMP's Soaring Prices, Bottom-Fishing Opportunities Have Arrived, Check It Out!
$PUMP is ruthless in trading! Focused on $BTC for small pullback wash trading, Bitcoin stops falling and immediately rises, the scheme is closed-loop.
From a technical perspective, the correlation coefficient with Bitcoin's 30-minute price exceeds 0.8, and there are sell orders stacked high on the order book, which are quickly withdrawn, signaling a wash trading with a surge in buy orders.
Psychologically in the market, Bitcoin breaking below retail investors' cost lines triggers stop-losses, and traders take the opportunity to accumulate, waiting for CME futures premiums to rise and reap profits, with emotions skyrocketing from freezing point to boiling point. On the funding side, during the wash trading phase, large withdrawals to unknown wallets and then returning before the rise, top 10 addresses are engaging in high-frequency trading, showing professional control.
May touch the SEC's manipulation red line, potentially leading to delisting or lawsuits; retail investors may counter the routine or break the rhythm; frequent surges followed by crashes make liquidity exhaustion prone to collapse.
In terms of operations, closely monitor Bitcoin when it drops by 2%-3% for short-term trading with light positions to bet on rebounds; for long-term, be cautious if top 10 addresses hold over 70% without an ecosystem, be careful when acting as a backstop.
The opportunity to bottom-fish has arrived! This time, successfully going all-in will definitely yield substantial profits, recently mainly sharing internally, those who want to catch this major opportunity directly seek it, as choice is greater than effort!