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#Gate13周年现场直击
$TST Brothers, look! The previous candle's volume exploded to 374.4M, pushing the price to 0.01652, nearly a 9% increase—yet the volume on the next candle was cut in half to 12.4M, a 97% drop 💸
The key point is that the rate +0.0050% long positions are still losing money to pay protection fees to the shorts. How much did the market makers lose when they pushed from 0.013 to 0.0156? After the previous volume spike and rapid rise, the volume immediately shrank back, a typical pattern of volume expansion to lure traders, then volume contraction causing a stall in the rally.
In plain terms, it rose 42 points in 24 hours, but the rate is still positive, and the cost of the order book is ridiculously high. The little sister is watching around 0.0152—if it continues to shrink and breaks below 0.015, she will reduce her position. If volume expands and breaks above 0.016, she will watch for now.