2026-01-12 16:22:32

$PLAY has indeed shown a fierce trend recently. The price is rising rapidly, but interestingly, the number of bulls and bears has actually dropped to 0.51, reflecting an intriguing phenomenon — a large number of retail investors believe the rally is too strong and are starting to short against the trend. However, the proportion of main institutional funds is as high as 1.44, which clearly explains the situation. The open interest is also exploding vertically, with major funds continuously entering the market.

The logic behind this chart is quite straightforward: as long as retail investors dare to short, the main players will keep pushing the price up until they can’t bear it anymore. The previous high of 0.06433 seems like a resistance level, but in reality, the main target should be above 0.070. In the short term, there are opportunities to follow the trend and go long, but don’t try to guess the top.

From a technical perspective, there are two key levels to watch. First is the 0.06500 threshold — the previous high that must be broken. Going further up, around 0.07200, is where the true test of the main players’ strength lies. The frantic movement of funds and the passive replenishment by retail investors are gradually rewriting the supply and demand relationship of this asset.

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RugDocDetective

· 3h ago

The main force is really playing hard, short sellers are being hung up and beaten It's the same old trick, let's see if it can really break 0.07 I just want to know who will buy the top haha 0.065 probably can't hold, but I don't dare to go all in This pace is a bit too fast, be careful It feels like the main force is fishing, retail investors are going to suffer

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PonziWhisperer

· 9h ago

Retail investors are opening short positions again? Looks like a good show coming up haha The main force is holding 1.44 chips, in plain terms, it's a crushing game 0.07 is still far away, don't rush to get in Is this really a leek-cutting move? Feels like the套路 is a bit deep I'm optimistic about the 0.065 line, only dare to follow after it breaks Those rushing in now, let's all run out together when the time comes Retail investors really should reflect on this Main force target 0.07+? Dreaming or do they really have that confidence? Following the trend is easy, but when it's time to get out, no one can run away Position volume is exploding vertically, I just want to see how high it can go I'm greedy while others are fearful, and when others are greedy, I should run This stock is indeed fierce, but behind the fierce is a trap

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SudoRm-RfWallet/

· 9h ago

The main force is harvesting retail investors again. Retail investors dare to short with a long-short ratio of 0.51. No wonder they get crushed. Breaking through the 0.07 threshold is what counts. Anything said now is useless. What does the 1.44% share of the main force indicate? It shows that we are all just foils. There are opportunities to follow the trend, it all depends on who reacts quickly and who reacts slowly. If 0.06500 can't break the previous high, 0.07 is just a dream. Don't be scared out by the shakeout. Another round of retail investor bloodbath. It’s painful to watch.

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DegenApeSurfer

· 9h ago

Retail investors are about to get cut again; the main players are playing this move too aggressively.

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