2026-01-13 18:24:58

Recently, I observed the trend of a certain cryptocurrency and couldn't quite understand a question. Why push the price so high, invest operational costs into it, when the profitable longs have already run away? The number of retail shorts and the liquidation costs simply can't support this level. What's the current situation? The market cap is being pushed so high, yet no one is willing to take the position. Those shorting are ready to withdraw their positions at any moment, and there’s no movement in closing positions. Looking at the K-line chart, it seems no retail investors are coming in to buy the dip.

This is quite strange. What is the market maker betting on? Waiting for big players to enter? But with the current market sentiment, I really don't know how this move can be justified. The risks of standing firm at high levels, the pressure from liquidation costs, and the increasing difficulty of taking over positions—these three issues stacked together. Where is the profit logic in continuing to forcibly push the price higher? Brothers who understand the market, do you want to discuss this?

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ETHReserveBank

· 01-13 18:55

Those who buy in at high levels will all get cut.

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UnluckyMiner

· 01-13 18:54

No one is willing to buy at the high, this is ridiculous I really can't understand how the dealer's move will end Either they're betting on policy dividends, or the logic just doesn't add up

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metaverse_hermit

· 01-13 18:52

The feeling of no one taking the bait at high levels is indeed strange. How will the market maker save themselves this time? It's a bit hard to figure out. Honestly, everyone who gets in now needs to be cautious.

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MelonField

· 01-13 18:52

No one is willing to buy at the high, this is ridiculous The big players are just hyping themselves up, losing money to attract attention Retail investors have already exited, who would still foolishly stand guard This logic doesn't make sense, brother Maybe it's going to dump again, right?

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PumpStrategist

· 01-13 18:41

The chip distribution already explains everything. This is a typical high-level breakout with no volume. I can't figure out how this wave will be rounded. Retail investors at high levels can't absorb the selling, and big players are even less foolish. What is the market maker betting on? With such a cold trading volume, they still dare to continue pushing up. Their courage is truly remarkable. To put it simply, it's a psychological game—seeing who gives in first. I've seen this kind of situation many times before, and the ending is always the same. No one wants to be the bag-holder; standing here means losing money. The pattern has formed, and how it will develop next is no longer important.

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HalfPositionRunner

· 01-13 18:40

Those who bought in at high levels are all clueless. How will the market maker smooth things out this time?

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GasFeeVictim

· 01-13 18:35

This situation is indeed precarious; a scenario with no takers is the most frightening. Could it be that the dealer has trapped themselves? It's truly a high-stakes gamble—either a miracle happens or everything blows up.

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