FHE's recent market movement is interesting. It shot straight up from 0.217 to 0.379. At first glance, it seems like a significant increase, but a closer look at the trading reveals something's off — that long wick appears extremely stiff, completely unlike normal market behavior.
Where's the problem? Throughout the entire rally, there was hardly any decent turnover, and the trading volume seemed very fake. Some analysts believe this is a typical liquidity hunting tactic: first, pushing up to break short orders and clear resistance, then immediately pulling back after absorbing liquidity. Those "trades" in the middle are likely just self-trading.
From a technical perspective, there's a pile of pending distribution above. If this kind of one-sided movement lacks fundamental support or genuine buying interest, it essentially drains retail traders' enthusiasm. When trading, you need to see clearly: is someone really buying, or is it just a false move within the accounts?
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SchroedingerAirdrop
· 5h ago
Trading with oneself, I've seen this tactic many times, and it's really disgusting.
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GateUser-c8ee0524
· 6h ago
Very similar to the previous Pippi. At that time, I almost took profit, but it resulted in a long upper shadow, and I stopped out.
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SchroedingerMiner
· 6h ago
Trading with oneself, I've seen this trick too many times, it's truly impressive.
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tokenomics_truther
· 6h ago
It's the same trick again, dancing with yourself and then crashing down.
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AirdropF5Bro
· 6h ago
Trading with oneself, this trick is so familiar haha
FHE's recent market movement is interesting. It shot straight up from 0.217 to 0.379. At first glance, it seems like a significant increase, but a closer look at the trading reveals something's off — that long wick appears extremely stiff, completely unlike normal market behavior.
Where's the problem? Throughout the entire rally, there was hardly any decent turnover, and the trading volume seemed very fake. Some analysts believe this is a typical liquidity hunting tactic: first, pushing up to break short orders and clear resistance, then immediately pulling back after absorbing liquidity. Those "trades" in the middle are likely just self-trading.
From a technical perspective, there's a pile of pending distribution above. If this kind of one-sided movement lacks fundamental support or genuine buying interest, it essentially drains retail traders' enthusiasm. When trading, you need to see clearly: is someone really buying, or is it just a false move within the accounts?