Latest tracking status and analysis of the short selling signal for the demon coin RAVE. 1、 Four key signal states 1. On chain signal: not yet triggered A multi signature address withdrew 31.93 million RAVE from the exchange within two days, and the position skyrocketed from 37.54 million to 89.1 million US dollars. The main force not only did not recharge, but also withdrew and concentrated chips. This is the most crucial evidence that the short selling window has not been opened. 2. Disk signal: not yet triggered The lowest point reached 6.89 in 4 hours, but closed at 7.61, leaving a long lower shadow. 7.5 is a key support level for the main defense, which has not been effectively breached at present. 3. Quantity price signal: partially triggered After surging to 12.36, it fell back and closed with a long shadow, but the trading volume shrank during the decline, which is not panic selling. The blue market maker gradually reduces its position at a high level, but it is not a one-time sell-off. This is a warning signal, not a confirmation signal. 4. Rate signal: not yet triggered The funding rate is still between -0.36% and -0.85%, and bears pay high interest every 8 hours. In the past 4 hours, short positions have sold out 5.48 million US dollars, while long positions have only sold 760000 US dollars. There is still a distance to be narrowed to within -0.1%. Overall judgment: Out of the 4 signals, 3 were not triggered and 1 was partially triggered, indicating that the short selling window is far from open. 2、 Core difference Withdrawal (current behavior)=concentration of chips in the hands of the main force=control of the market/suction of chips Recharge (not appearing)=Chip flow to exchange=Distribution/shipment The main force selling some chips during the trading session does not mean preparing to end the market. As long as there is no large-scale recharge on the chain, the main force will not withdraw. 3、 Main behavior stage Phase 1: Small scale reduction of positions causing a decline, retail investors think they have peaked and start short selling - it is happening Phase 2: Utilize short selling fuel to pull the market again, and the price of short selling positions will reach a new high - possible occurrence Phase 3: Large scale distribution of clearance and exit, price collapse - has not yet occurred The banker is playing the story of the wolf coming, and the real collapse is still ahead. 4、 Conclusion The main force has not yet completed large-scale shipments, and RAVE has not yet reached its peak. Part of the main funds are gradually reducing their positions at high levels, which is a prelude to the arrival of wolves, not the end. Currently in a high game zone, prices may fluctuate widely between 6-12. The true top requires seeing daily volume stagnation or large-scale on chain recharge signals, which have not yet appeared. The opening of the short selling window requires waiting: on chain recharge signal+rate narrowing to within -0.1%+price falling below 7.5 and unable to be recovered. Currently, none of the three conditions have been met.