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RAVE, I’m already too lazy to keep watching this chart.
$RAVE
One point two: daily high at twenty-six, daily low at nine point four. You run through in a single day what others take several years to travel; going up is called a ramp-up, and going down is called resetting to zero. In the middle, there’s no oscillation, no change of hands—only corpses.
First, talk about the chips. When you check the addresses, you find that 750 million coins are held by one person; counting a few other immobile multi-signature accounts, it’s 90% and up. The floating shares are just a bit over 20%, and the rest is all inventory stored in the pockets of dog market makers. In this kind of chart, the K-line is the clock hanging in the market maker’s house—he can set what time to show, down to the minute.
Then look at the people. More than 500 people losing money: average price at 2 dollars 50 cents, with an unrealized loss of over 8 million dollars—three out of every four are playing dead. The other 500-plus making money: average price at 1 dollar 60 cents, with an unrealized profit of 2.7 million; over 70% of people can still laugh. What differs is when they entered. Those who chased at high levels are now seeing the order book and getting shaky hands; those who crouched at low levels are eating the meat that the former got chopped off.
The money is more honest. The smart-money accounts show net buying of 2,200, and net selling of 4,000. If it isn’t distribution, what is it?
The liquidation chart is the ugliest. In the stretch from 1 dollar 1 cent 5 to 1 dollar 2 cents 8, the red bars are stacked up like a spring festival train station. The bears think that once it breaks 1 dollar, it should bounce, so they rush in to feel the top—but the dog market maker flips it with a single needle, giving no rebound at all, burying you straight into the ground. The fees too—sometimes positive, sometimes negative—tricking you onto the train and then shutting the door.
In this kind of chart, technical analysis is superfluous. You look at support and resistance, but the dog market maker looks at your position size. You look at golden crosses and death crosses, but the dog market maker looks at your margin. You’re not at the same poker table as the market maker—you’re sitting in the audience, unable to even touch the cards.
#山寨币强势反弹 $RAVE