50 billion OKB burned! A major earthquake in the crypto world, retail investors collectively miss the boat!！！！！！！
Reasons for the surge:
Nuclear-level benefits: OKX has burned 65.25 million OKB in a single transaction, equivalent to directly destroying 23.6% of the total supply, more aggressive than mainstream coin burn efforts!
Mechanism upgrade: Now using smart contracts for automatic burning!
Ultimate deflation: Total quantity permanently locked at 21 million!
Technical signals:
Lightning-style surge: A violent increase from $47 to $143 in 15 minutes, with an amplitude exceeding 200%, indicating significant intervention from major funds.
Bollinger Bands warning:
Current price of 120.7 has significantly broken through the upper band, seriously overbought.
The middle band is only 60.8, with prices severely deviating from the moving average.
Chip gap: The concentrated trading area below $50 has been realized, with no substantial support between $90 and $140.
Tege's opinion: Better to miss out than to chase high.
For holders:
Immediately place orders to sell in batches at $120-125.
Do not increase positions at this moment; wait for a pullback and re-stabilization before entering again.
For those with no positions:
Place a buy order at $108 for a pullback.
If it falls below $100, stop loss and wait for strong support at $90.
Contract warning:
Avoid going long: High premiums can easily lead to liquidation.
Be cautious with shorting: The benefits from the burn have not been fully released yet.
Don't wait until your contract is liquidated to remember me! Follow Tege, and I’ll help you escape the peak 3 seconds early next time! #CPI数据来袭 #OKB