$FUN From the data, it can be seen that the main force entered a lot of short positions during the consolidation period, and the holding amount of the cryptocurrency did not change much over 3 days, while the total value of the holding amount dropped about 16 points over 3 days. The short-term levels also show that this wave of decline is due to the sudden increase in short positions by the main force, combined with the outflow of over 500,000 in spot trading, which pushed the price down. Looking at the candlestick chart, it feels like the high-level consolidation with decreasing volume is very tempting to enter, right? If the average price of the initial position is low, it’s fine to catch a rebound and exit, but if you entered the initial position at the high point in a consolidation range and your position is slightly larger, it could be quite troublesome.
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