CLO's recent movement, a blind guess on the subsequent rhythm.
Let's look at the short term first: surging to the 0.85 level is likely to trigger a liquidation of some shorts. Then the coin will hover around here, one side tricking longs into entering and paying fees, while secretly preparing to turn around and cut towards 0.6 to harvest those chasing high longs. This is a common tactic.
Regarding the possibility of changing the 1-hour chart? Currently, there's no real need to mess around at this level; too much action could easily ruin the coin. Moreover, many people in the market are already tired of operations like 1-hour fee adjustments, and those precedents have already caused frustration. Unless there's a real intention to push for 10x or even 20x returns, it's not worth considering such high leverage.
Overall, it's most likely a wave of harvesting the little guys first, and after absorbing enough blood, consider pushing the price up.
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ILCollector
· 4h ago
It's the same old trick again, clearing out at 0.85, sideways accumulation to drain, then smashing down to 0.6. I'm tired of seeing it.
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notSatoshi1971
· 01-11 08:07
It's the same old trick of cutting the leeks again. After clearing the shorts at 0.85, it starts to consolidate and eat up fees. I bet five dollars that it will head straight to 0.6 next.
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SchrodingerWallet
· 01-11 05:18
It's the same old trick of cutting leeks again. After a 0.85 rebound, we're waiting to be smashed down to 0.6. If nothing unexpected happens, it'll be this rhythm.
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HallucinationGrower
· 01-09 13:16
It's the same old trick again, sideways trading to collect fees and then making a move. I'm already tired of it.
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MeaninglessApe
· 01-09 11:49
It's the same old trick again, cut at 0.85, then cut again at 0.6. Truly damn boring.
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AirdropHunter007
· 01-09 11:42
It's the same old trick of cutting leeks again. I think 0.6 is just a trap.
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Ser_APY_2000
· 01-09 11:38
All entries at 0.85 have to be bought in; I'm fed up with this sideways trading and fee-eating routine.
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RugPullSurvivor
· 01-09 11:36
It's the same old tired script of cutting leeks: clearing out the positions at 0.85, then sideways trading to trap people in. I bet 5 bucks that next it will crash down to 0.6.
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SighingCashier
· 01-09 11:27
It's the same old trick again, and I'm a bit tired of it.
0.85 clears the liquidity and then sideways to scam money, then drops to 0.6 to harvest? That's a bit too straightforward. Is it really okay for the pump to be so obvious?
But on the other hand, changing the schedule now really doesn't make sense. Instead of fussing around, it's better to first suck blood. You're right about that.
CLO's recent movement, a blind guess on the subsequent rhythm.
Let's look at the short term first: surging to the 0.85 level is likely to trigger a liquidation of some shorts. Then the coin will hover around here, one side tricking longs into entering and paying fees, while secretly preparing to turn around and cut towards 0.6 to harvest those chasing high longs. This is a common tactic.
Regarding the possibility of changing the 1-hour chart? Currently, there's no real need to mess around at this level; too much action could easily ruin the coin. Moreover, many people in the market are already tired of operations like 1-hour fee adjustments, and those precedents have already caused frustration. Unless there's a real intention to push for 10x or even 20x returns, it's not worth considering such high leverage.
Overall, it's most likely a wave of harvesting the little guys first, and after absorbing enough blood, consider pushing the price up.