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M.Ishaq1919
M.Ishaq1919
Sisters, what's going on with $BICO? Why is it so strong? It's even stronger than my ex-boyfriend on Viagra, I can't handle it. I have no focus at work today, I'm stuck again. 😭 Yesterday I saw BICO at the top of the gainers list, so I casually opened a short position. I thought, "It’s risen so much, it must correct soon," but today I got stuck in the position. I searched around for information, no major positive news, no new announcements, no news at all. Circulating supply is 100%, fully unlocked, no unlocking pressure, no team lock-up waiting to dump. So what exactly is driving this surge? Simply put, it's the whales exploiting low liquidity to violently pump the price, triggering a cascade of short liquidations, pumping it all the way up until you dare not short anymore. On-chain discussion volume soared from an average of 91 posts per day to 30,000 posts; price came first, then the stories. People only started making up reasons after the price rose. The 24-hour high today hit 0.06392, up 391% in 7 days. On the chart, 0.06392 is today's peak, and it has started to pull back, showing divergence at the top. RSI has long been overbought, funding rate is -0.16%, shorts are still being squeezed. With this kind of rise, once sentiment cools off, the fall will be just as fast. I've been watching my account for a long time, not sure if I should add to my short position. Sisters, what should I do with this trade? Who can tell me when to add to my position? 😭 $BTC $ETH #非农意外转负,CPI成加息关键 #PayrollsDropCPIFocus #AIMemoryStressTest #SpaceXUnlockRebound

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