子棋UVDAO|Jun 28, 2026 14:08
The trend of Binance Life is simply amazing!
Short term plunge of more than 30%, followed by a slight sideways trend at the bottom and a rapid recovery, with prices even higher than before. The main force will not continue to use short selling profits to drive the long market, which is a typical long short double explosion!
Core logic:
1. First, smash from around 0.70 to 0.455, breaking through all high leverage long orders, follow the trend orders, and stop loss orders.
2. The low position did not continue to decline, but quickly recovered by 0.55, 0.60, and 0.70, indicating that there is a takeover below. Smashing the market is more like washing up the market and taking liquidity, rather than completely selling.
3. During the upward trend, active buying is mostly above 1, and the OI currency base is basically horizontal. The US dollar OI rises with the price, indicating that it is not purely retail investors chasing long positions, nor is it a large-scale addition of long positions and hard tops. It is more like the main force using a small amount of chips to push prices and force short positions to cover.
Binance Life still has a chance of going up, but now it's a tail end game, not a heavy position. This is just a trial market for Gouzhuang. Perhaps the next drop will be a real drop, after all, the cost of maintaining a high level for a long time is not low!
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