芳子 FangZi888

$MERL Short-term surge to 0.44 USDT, market cap squeezing into the top hundred, looks strong on the surface, but looking closely at the trading volume, this is obviously a 'manufactured rebound' under low liquidity. With the expectation of unlocking 70 million tokens in mid to late December (12/12-19), the current surge seems more like a way to create operational space for subsequent supply release rather than a trend reversal.
You can refer to several points.
Left-side layout: Focus on opportunities near the resistance around 0.44-0.45, set the stop loss at 0.46, and target towards 0.38.
Right-side follow-up: If it breaks below the key support of 0.4, it indicates that buying pressure is completely exhausted, and one may look to the downside to the range of 0.32-0.35.

[Market Observation: Supply-side pressure has surged]

Recently
the market performance has been relatively heavy, mainly constrained by the dense token release schedule this month. According to data, approximately 70 million tokens will undergo large-scale unlocking on December 12, 15, 16, and 19. The expectation of this continuous 'supply flood' is leading to a reduction in market buying interest, with funding sentiment leaning towards caution.
[Psychological Expectations and Arbitrage Games]
Buying sentiment has weakened: The early release of supply pressure has led holders to tend towards reducing their positions prematurely, suppressing the rebound potential of prices.
Profit realization: Early OTC chip costs are far lower than the current price, and this group of holders has a strong motivation to take profits. In the absence of significant positive support, any slight rebound may encounter selling pressure due to profit-taking.

🚨 MERL Capital Flight! Liquidity Evaporation Alert: Don't let your money get locked up! 🏃‍♂️💨

💸 Core Truth: Funds are withdrawing at an unprecedented speed!

In the current MERL market, it's no longer just about being 'bearish,' but rather the beginning of 'liquidity exhaustion.' What will happen when the $7,000,000,000 ultra-low-cost chips reach the end of their lock-up period?

The blood-sucking machine of the market: The sale of these $7,000,000,000 tokens will instantly drain all the 'depth' from the market. What you think is buying demand is just a bit of residue left when the whales retreat.