Friends, have you been liquidated? Are you waiting for $OM to return to the starting point?
The script in the crypto world is always replaying, escaping the peak, and behind the K-line is the naked human nature game.
Latest news:
The overseas crypto community suddenly revealed explosive news: The OM project party has been confirmed to misappropriate 30% of the on-chain reserve funds for buyback operations.
As soon as the news broke, the market experienced a nuclear explosion with a high-altitude plunge, and the price dropped vertically from $6.49129 to $0.36890, with a market cap evaporating by 90% within an hour, and the liquidation volume skyrocketing to the top three across the network.
After the crash,
the price fluctuated between $0.46 and $0.61 with reduced volume, the MACD showed a death cross underwater, and the Bollinger Bands widened but the price crawled along the lower band.
What does this indicate? The main force has completed the chip distribution, and now it is all retail investors cutting each other's positions.
Those shouting to buy the dip probably haven't seen the OM/USDT lending rate on exchanges surge by 500%—it's obvious that the short sellers are borrowing coins to smash the price.
In the crypto world, opportunities and risks coexist; staying vigilant and finding the right timing is key. I’ve also discovered a short-term project with huge potential for a price surge! If you want to follow along, click the little avatar and pay attention to me, I’ll share for free!
