A bunch of people are stuck at the $700,000 level, and this wave has truly become a collective standstill.
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GasDevourer
· 14h ago
The 700,000 price range is really a trap. I'm glad I didn't chase the high.
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NestedFox
· 21h ago
The 700,000 hurdle has really blocked many people, and they don't dare to move.
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MEVHunter
· 21h ago
ngl, 70k was the honeypot all along... mempool screaming it weeks prior if anyone actually looked. toxic flow got them good, classic coordination play at support levels. always the same faces getting liquidated while the real alphas were already positioned on the backrun 💀
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TokenStorm
· 21h ago
The $700,000 mark is indeed a fierce level... On-chain data shows that the trapped positions at this price are a bit outrageous, but looking back at history, such standing still is usually the best buy signal. The question is, who dares to take the plunge?
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SingleForYears
· 21h ago
700,000 is really a hurdle; how many people have suffered heavy losses there?
A bunch of people are stuck at the $700,000 level, and this wave has truly become a collective standstill.