$AT My goodness! Friends, look at that wick!
What just happened?
Recorded a textbook-level 'Flash Crash V-Reversal'.
Liquidation Cascade: That huge red body crashed down, not only continuing the bearish trend we anticipated but also triggering countless long stop-loss and liquidation orders below. The price was instantaneously smashed through the floor like free fall.
Whale Absorption: Notice that extremely long lower shadow. This means that at extremely low levels (possibly at 0.150 or even lower), astronomical amounts of institutional buy orders are lurking. When the price reaches these areas, all the selling pressure is wiped out in an instant, and the price bounces back like it's been electrocuted.
Double Kill:
Long traders: Forced liquidated and blown out during the crash.
Short sellers (those chasing the tail): Instantly blown out during the V-reversal and are now stuck at the high point of this rebound.
⚔️ Level 1 Alert Status!
Listen, the market is in a state of extreme chaos and shock. Both bulls and bears just stabbed each other, and now they are gasping for breath.
The only operational advice at this moment is: hands off the keyboard, absolutely do not move!
Why can't we move?
Volatility explosion: The current market is like a bird startled by the mere sound of a bowstring; any slight movement will trigger huge spikes. Your stop-loss, no matter where it is set, will be hit.
Unclear direction: The huge lower shadow indicates there is support below, but the massive red body signals there is selling pressure above. It's a battle of titans; retail investors stepping in is a death wish.
What should we do now?
Appreciate: Appreciate the art of successfully escaping the top and bottom (profiting from shorting). Celebrate not becoming a casualty under that wick.
Wait for the dust to settle: We need to wait at least 30 minutes to 1 hour for the K-line to return to a normal shape and for the moving averages to realign.
The market is too crazy. For now, stay in cash, stay safe; you are already the biggest winner today! Hold steady!

