EPIC Today's Epic Reversal! A Surge of 3.81% Turns Out to be a Dog Trader's Smokescreen?
1. The Truth Behind the Market Reversal
Today, EPIC/USDT perpetual futures opened low and rose high, violently climbing to 1.3 after opening at 1.2895, but don't cheer just yet— the peak of 1.34 is a false breakout, as the main force took advantage of retail investors chasing the high to sell off to 1.25, a typical 'pump and dump' scheme.
2. Technical Indicators Hide Danger:
The middle line of BOLL at 1.2663 is the lifeline; breaking it could lead to a crash down to the lower line at 1.21;
MACD shows a dead cross above the water: DIF crosses below DEA, with bullish momentum waning;
The TD sequence shows only 1 buy signal, making it hard to withstand the selling pressure.
3. Deadly Volume Trap
There are big risks behind the rise in rankings: 24H transaction volume is only ¥24,100, with price differences at major exchanges reaching ¥1.23~¥11.04;
Turnover rate is 0.10%, and the depth is as thin as paper—big players can dump 20% by selling 100,000, while retail investors get stuck trying to run away.
4. The Same Name Rune Harvests Retail Investors
The big players use the booming Bitcoin ecosystem's rune EPIC•EPIC•EPIC•EPIC to confuse the market! 95% of pre-mined chips are being sold off crazily, and novices mistakenly take it as good news to buy in, only to be buried—this thing has nothing to do with EPIC coin.
A volume-less surge is scarier than a plunge! The dog traders create a rise in rankings to trick you into buying in; remember: it’s better to miss out than to become cannon fodder!
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