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$RAVE Attention! Attention! The high-level risk is rapidly accumulating!
From the market structure perspective, RAVE's current upward potential has already been significantly limited, with more and more funds continuously pushing higher, but the actual support is weakening.
Referring to similar altcoins that previously collapsed, such as AIA, MYX, STO, which also experienced crazy price surges early on, creating a get-rich-quick effect, only to be concentrated and cashed out at high levels, followed by a short-term waterfall decline.
Since RAVE's launch to now, the price has increased nearly a hundredfold. Such a level of surge itself indicates that a phase of high risk and high payout is imminent.
Recently, the project team seems to be testing the market's ability to absorb short positions and selling pressure at high levels. Once buying momentum pauses, the market may enter an accelerated decline within these few days.
Mr. Lin advises everyone not to blindly chase the rally; the later it gets, the easier it is to become the bagholder.
Keep the strategy focused on high levels, and prioritize setting stop-losses.
Brothers, remember one thing: the crazier the rise, the harsher the fall!!#GatePreIPOs首发SpaceX #Gate3月透明度报告