$RAVE This coin dealer just finished a big pull, going from 0.47 to 1.58, with an increase of nearly 200%. The current price is hovering around 1.51, and the dealer is likely to play it this way next:

First move: sideways wash out shorts. Looking at the data, there are many more shorts than longs among the whales and smart money, and the average opening price for shorts is around 1.1, and they are all losing money now. The dealer spent so much money pulling it up, and it is impossible to let the shorts easily break even. It is highly likely to oscillate back and forth in the range of 1.4-1.6 for a few days, forcing those who can't hold on to cut their losses, while also shaking off the indecisive longs.
Second move: wait for shorts to be liquidated. Once it has been sideways for a while, and the shorts that need to cut have cut, the remaining dead short positions are heavy and highly leveraged. The dealer may suddenly pull up again, directly piercing the strong liquidation price of the shorts, exploding a wave of short positions for fuel, and then smash it back down.
Third move: sell at a high position. The 24-hour transaction volume has reached 1.29 billion, with a very high turnover rate, indicating that retail investors have already jumped in. The dealer is pulling while selling, leaving a long upper shadow in the end, and then starting to decline steadily.
In the short term, don’t rush to chase; wait until it stabilizes after a pullback. Chasing in now can easily lead to being caught in a squeeze from both sides. The dealer's inventory hasn't been fully sold yet, and the market won't collapse directly, but the volatility will be large; those with weak hearts should avoid playing.#GatePreIPOsLaunchesWithSpaceX