PEPE surges 30%? That’s just a trap to harvest the $1.08 billion set up. You’re all celebrating PEPE and DOGE’s gains, shouting “Meme Season is back.” Let me ask: can’t you see the sword of Damocles hanging over Coinglass? Under 6.8K, liquidations of $1.08 billion long positions are lining up to be eaten, while the short side only has $700 million. I know some of you in the comments will be unhappy: “The market is warming up, CPI has dropped, can’t it go up?” Wake up. There’s an iron law in financial markets: prices always move toward the area with the most liquidity (Pain Level). Pumping PEPE is just to create noise, so you relax and open longs on BTC. The poor die chasing high-beta false prosperity, while the elites win by using a 30% bait to hunt for that $1 billion liquidation chips.
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PEPE surges 30%? That’s just a trap to harvest the $1.08 billion set up.
You’re all celebrating PEPE and DOGE’s gains, shouting “Meme Season is back.”
Let me ask: can’t you see the sword of Damocles hanging over Coinglass? Under 6.8K, liquidations of $1.08 billion long positions are lining up to be eaten, while the short side only has $700 million.
I know some of you in the comments will be unhappy: “The market is warming up, CPI has dropped, can’t it go up?” Wake up. There’s an iron law in financial markets: prices always move toward the area with the most liquidity (Pain Level). Pumping PEPE is just to create noise, so you relax and open longs on BTC.
The poor die chasing high-beta false prosperity, while the elites win by using a 30% bait to hunt for that $1 billion liquidation chips.