I don't think it will rise too high! The script is as follows:
1. The current long-short ratio is 0.4, indicating that there are too many short positions. At this point, if it rises directly, those shorts will only be happy (thinking that you are giving them money), and they won't be scared off at all. What the market maker wants is not to give money to the shorts, but to turn the shorts into longs (or make the longs fully invested), and then sell all the chips to them at a high position.
2. Consolidation (current stage)
Currently, the 0.4 consolidation is to 'wash out the costs.' It makes the longs who entered at low levels feel like 'there's no profit to be made' and leave, while it also makes those who want to short feel like 'the market is not falling' and leave as well. At this time, the market maker quietly buys back the bleeding chips in the dark market, or transfers the orders in hand to the next buyer.
3. The final temptation to go long (the key 'trap')
'A small rise to lure in longs' is the essence. At this point, there will be a sudden increase in volume and a rise, making those who missed out (especially retail investors) feel 'oh no, it's about to skyrocket,' and thus they rush to go long. At this time, the long-short ratio will be instantly balanced or even turn positive, and liquidity will reach its peak.
4. Brothers join forces for precise blasting
At this point, the teams of PIP and POWER will coordinate and hit the market at the same time. Since there has just been a rise, everyone is going long, and a sudden waterfall will directly cause liquidations for those with high leverage, while those with low leverage will also panic and flee.
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{future}(PIPPINUSDT)
{future}(POWERUSDT)
{future}(FHEUSDT)