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FARTCOIN's recent market performance has shown a clear bearish dominance. On-chain data indicates that the liquidation of long positions reached 7.47 million, while the number of short positions is 16.7 times higher, and the movement of major funds has indeed shown signs of abnormality.
From a technical perspective, this wave of market behavior is quite distinctive: the proportion of shorts across multiple trading pairs is significantly high, long positions have been heavily liquidated, and large capital seems to be gradually withdrawing. Currently, the price hovers around 0.422, with an overall downward trend.
If there is a rebound later, the 0.424–0.428 zone will be a critical level. Technically, 0.392 can serve as an observation target, with a stop-loss suggested at 0.432. If the price directly breaks below the previous low of 0.403, that would be a clear signal, and you might consider chasing the short position, while also paying attention to the performance below 0.392.
The current RSI indicator has not yet shown extreme oversold conditions, and the overall downward momentum remains sufficient. The key strategy at this stage is: consider opening a short position when the price rebounds to around 0.424–0.428, targeting 0.365, with a stop-loss at 0.432. Once the price falls below this critical level of 0.403, you can appropriately increase your position in the short direction.
The essence of trading is a probability game; choosing high-probability opportunities is the right approach. Under this clear bearish pressure, rashly bottom-fishing or catching falling knives is often unwise. Following the retreat of major funds tends to be a more prudent strategy.