$FARTCOIN
1. The 1.4H level has achieved a 4-hour bearish MSB.
2. Change in OI: Price drops while OI rises, in the most recent candlestick, price rises while OI drops, which is standard evidence of contract positions being mainly short.
3. With a market cap of 700 million, the contract positions have reached an astonishing 400 million, with a very high leverage ratio. This means that the contract can easily manipulate prices, and the unique leverage mechanism of the contract can easily trigger price fluctuations with small amounts of capital.
4. Therefore, our strategy shifts to being willing to short, waiting for a retest of the range high and the 4H Supply.
At the same time, we initiate a bearish Fibonacci.