# M

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#M Whale opened a short position of $700k at 1.8, so this coin can't fall further because the whale has enough margin. The market maker also doesn't have the strength to absorb the loss, so the price has been staying high. Look at this unreasonable market cap—how can a coin with no backing and unknown status have a billion-dollar market cap? As long as this short position isn't closed, the price definitely won't drop. Let's see whether the dog market maker or the whale has more strength and patience. Once the direction is clear, there could be a dozens-fold drop. The market maker hasn't made a
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#M #FARTCOIN "Classic Trading Volume Mnemonic"
Buy horizontal, buy dips, do not buy vertical; the selling point is at the peak of excitement.
Continuous small rises are true rises, while continuous large rises require exiting the market.
A sharp drop with low volume is intimidation; a slow drop with high volume means it's time to retreat.
A significant rise requires a pullback; do not dig deep pits and do not buy too much.
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#M Just look at the daily trading volume and you'll know it's a trash coin. Be careful of it getting halved in the next few days.
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