😯 $RAVE Legendary pump today

24 hours directly +241%, breaking the $10 new all-time high, the entire network liquidated $176 million, firmly ranking first
Market cap surged to $2.2 billion, trading volume over $600 million, circulating supply only 24%.
Whales' operations are so smooth, transferring 30.58 million tokens in the past 3 days to lure bullish shorts, last night they pulled back and狂拉现货 on-chain, perfectly踩踏 and收割 shorts
The Chinese community has already flooded the screens with news that Chinese people are操盘, from $2 to $9.6, a 4x increase.
The project actually has potential, a Web3 music DAO, already held sold-out events in Dubai/Hong Kong,合作 with Warner Music, the Lisbon Dance Summit at the end of April is coming, plus a burn mechanism.
But currently PE is over 170x, clearly a狂欢 of funds and narratives.
🤔 My view: classic low volatility + short squeeze +操盘手局
Sentiment is extremely狂热, RSI is overbought, with selling pressure at high levels anytime.
Suitable for experienced short-term traders, not for newbies FOMOing into heavy positions.
💡 Short-term forecast: This week may惯性冲到 $12-$15, but once signs of distribution appear, a flash crash of 50%+ is likely.
If the Lisbon summit兑现s, it could震荡 at high levels, but long-term, only if revenue truly落地, otherwise there's a high probability of 70-80% retracement.
Enjoy the ride, but chasing highs will get you割, early退出 at lows already赚麻.
This market always moves first with资金, then narratives follow.
DYOR, protect your principal!
Not investment advice, not advertising
#RAVE