#GPS #币安钱包TGE When altcoins are consolidating with low volume, it's not the calm before the storm, but the hissing sound of the market maker sharpening their knives. GPS has been in sideways consolidation for 12 days, on-chain data reveals two major danger signals:
Whales collectively fleeing: the top 10 holding addresses reduced their holdings by 120 million GPS in 7 days (accounting for 9% of circulation), among which market maker 0x8c2 deposited 80 million GPS to Binance, with a cost price of only $0.021 (floating profit 61%), selling pressure is like a timed bomb.
Exchange bloodsucking: The price difference between buy and sell for Binance GPS/USDT trading pair has expanded to 12%, with depth worse than third-rate coins, meaning the actual price you receive when your order is executed may plummet by 10%! Technical death triangle on the 4-hour chart Triple top resistance at $0.035 3 failed attempts to break higher, main force gives up on supporting trading volume 5 consecutive days of 60% volume shrinkage Retail investor buying power exhausted RSI Turning down in neutral zone at 47 Downward momentum is building up.
Two strategies for life and death decision
▶ Short betting faction (winning rate 70%)
Open position: short at current price $0.033 (build position in batches)
Target level:
First target $0.028 (previous low support)
Second target $0.022 (whale cost line, must rebound)
Stop loss: $0.0365 (breakout of triple top)
Leverage suggestion: ≤20 times (to prevent spikes)
▶ Long betting faction (risk-taking)
Only condition: breakout volume at $0.035 and hold for 2 hours
Additional purchase position: place an order at $0.032 (5% below current price as ambush)
Escape price: $0.0358 (immediate profit-taking at previous high trapped area)
Project team's wallet activity: Developer team address 0xda3 transferred 20 million GPS to Binance last night, suspected liquidation.
Contract holding trap: Binance GPS perpetual contract funding rate -0.83% (shorts pay), but the open contract volume has plummeted by 42%, proving that bulls have fled.
Community collapse: Telegram daily active users dropped 57% in 7 days, Twitter discussion volume has dropped to zero.
The longer the altcoin consolidates, the more likely it is to go to zero or is already on the path to zero — the market maker just needs one last spark!
Action suggestion: open short at current price + close half position at $0.028, wait for the remaining bullets to reverse and bet on a rebound at $0.022 (5-minute golden cross intervention) The market is turbulent right now, walking alone is lonely, don't forget to follow me for daily spot potential layouts and bull market strategy layouts.
