Finally waiting for AUACTION to hoard coins and transfer funds to the giant whale After setting up a multi day ARKM reminder at 04:39:35, the giant whale began transferring funds into Binance and subsequently observed: ① The depth of spot market opening is starting to change, and the number of buyers is increasing ② For two consecutive days, there was a long upper shadow line. On the first day, it reached 68-70, but the rise was weak and the long shadow line closed with a large trading volume. In the early morning of the next day, it was transferred to Binance by Giant Whale to start selling. This is the price that Giant Whale believes is worth selling at (the amount of USDT funds needed to pull it up is a bit large, and it has risen tenfold in two weeks) ③ The contract fund rate has changed from negative to positive ④ There are still 2 addresses of the giant whale that have not been distributed, and potential selling pressure is still present After receiving the alarm, immediately go short. This type of trading pair is only suitable for short-term market watching trading. If you make a small profit of 3%, you will start pushing the breakeven line and continue to look for support downwards. A few days ago, it rose too quickly, and now the downward support level should be found quite far away. There are many users of this currency in the Asian market, and choosing to transfer at 04:39 may not be reflected by many Asian market users. In addition, yesterday there was a KOL crying out about their position being sold out, and many Asian market users may have gone long on FOMO, catching them off guard when they started long in the early morning.