🧵 CHIP: 0.075, a coin that makes both bulls and bears cry

First, look at the data (24 hours):

Total liquidations: $1.707M
Shorts liquidated: $940k
Longs liquidated: $767k

Within 4 hours, shorts liquidated: $520k
The shorts had just started shorting—straightaway they got blown out
The bulls thought they were at the end of it, but they were smashed through again

Current price: 0.075

From the high, it’s been sliding all the way down
The bulls are trapped deep, and they can’t cut losses
The shorts keep getting pulled up and blown out, and they don’t dare to go heavy

This is CHIP’s current situation:
A double wipeout—whoever goes in, doesn’t survive

Do whales think it’s promising? Smash
Do retail traders try to catch the bottom? Smash
Do the shorts open shorts? Pull it up first, then smash

The whole thing is: don’t let anyone make money

At this 0.075 level,
Is it a bottom or not, is it a top or not—
But one thing is certain:
Every cent you make is the blood from someone else’s liquidation

So the question is:

Are you going to keep gambling?

Or sit down and watch the show? $CHIP