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Looking at SKL's game, don't be fooled by the numbers of 66 long whales. Carefully reviewing the ledger makes it clear—these big players are not making any profit.
The average entry cost for the long whales is 0.01077, and now the price has dropped to 0.00978, resulting in an unrealized loss of nearly $50,000 for the entire group. In comparison, on the short side, 53 short whales have an average cost of 0.01156, and now 100% of them are profitable, with an unrealized gain of $117,000 on paper. This situation clearly illustrates the point—longs are stubbornly holding their positions, while shorts are taking profits. The main players have no intention of pushing the price upward.
Now, let's look at retail traders' performance. What does the 77.9% long-short ratio indicate? Retail traders are still desperately catching falling knives. Under this chip distribution, even a small rebound can turn into a slaughterhouse for the trapped longs. Frankly, the future looks like a slow decline, with no other options.
Are retail investors still taking the flying knives? This game really has no hope left.
The main force's move is absolutely brilliant; the bulls are purely trapped.
Wait, 77.9% bullish ratio? That’s slaughter, any rebound is just a cut-loss situation.
The price of SKL really... I don't even want to look at the holdings anymore.
Bullish positions are always bleeding losses; I really can't hold on through this wave anymore.
Retail investors are still taking flying knives at 77.9%. I just want to ask these people, what are they thinking? Do they really think a rebound is a savior? Wake up, this is a liquidation trap.
The main force has no intention of pushing up; frankly, they want you to cut. I can't understand the profit-making opportunity in this SKL game.
Retail investors are still taking the hits; if this continues, they really have to cut their losses.
The main force behind SKL doesn't want to push the price up; it's just a slow decline.
The long-short ratio is 77.9%, and a small rebound is the perfect time to cut losses—there's really no other option.
Looking at the ledger makes it clear: longs are holding on stubbornly while shorts are eating up the gains; the gap becomes obvious.
In this situation, what’s the use of a rebound? In the end, it’s still about cutting losses...
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Retail investors with 77.9% long positions are still taking flying knives? Really, this is the rhythm of being slaughtered.
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Shorts are eating the meat while longs suffer losses; the main force never intended to push the market up. Watching SKL's show is a bit uncomfortable.
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Holding on stubbornly is not as fast as running away. The long army might be on the verge of collapse.
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A rebound is just a cut-loss trap. I believe what you said, really impressive.
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50,000 floating loss versus 117,000 profit, this calculation is very clear, it's heartbreaking.
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77.9% retail investors taking flying knives, this game feels unplayable.
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Long whales also have times of flipping over; it seems the main force just wants to slowly decline.
The shorts are already full, retail investors are still taking the bait, and the main players have no intention of pushing the price up.
This move is just slowly killing you. Don't expect a rebound.