PTB this round of market movement is interesting. I look at exchange data, and many traders are positioning for short positions, but there's a detail worth considering.



Market manipulators obviously won't directly dump the price. The common tactic is to first push a high point, liquidate the shorts, and then start to decline. This is the basic market game logic.

From a technical perspective, the 1-hour candlestick chart shows trading volume continuously shrinking. In this situation, the market shouldn't be sideways consolidation; instead, it is more likely to be a slow decline. Insufficient energy, unable to rise.

My judgment is that PTB might test the price of 0.007 again, then initiate a decline. Currently, I have short positions at 0.007.

Market analysis ultimately depends on indicators, data, and basic market logic. If you have a different opinion, welcome to discuss.
PTB-31.41%
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ForkTonguevip
· 4h ago
I've seen this trick from the market makers too many times. Pulling high to fake out the bears is indeed common. However, I somewhat disagree with the idea that shrinking volume is a bearish signal. In this situation, it's actually easier to be shaken out and then rebound.
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unrekt.ethvip
· 12-17 04:50
The market maker's tactic of pulling high to scare out the shorts has been played many times, and some people still fall for it. I'm watching the 0.007 level, but whether it can break this time is hard to say.
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0xSunnyDayvip
· 12-17 04:44
The dealer's tricks are getting old. With these few tactics, you still want to clear people out? I have to go above 0.008 to start buying PTB before I can start dropping. Your 0.007 short might be a bit early, bro.
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ServantOfSatoshivip
· 12-17 04:44
The dealer's tricks really need to be figured out, or you'll end up as a leek. The signal of shrinking trading volume is indeed not good, and I'm also waiting for the 0.007 opportunity.
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GateUser-e87b21eevip
· 12-17 04:39
The old trick of the market maker clearing out and then smashing the price again, I find it annoying. The shrinking momentum is indeed uncomfortable, and I am also watching the 0.007 level.
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