2026-01-18 10:31:24

#Strategy加仓BTC $PUMP has indeed shown a somewhat fierce trend recently. The decline of -11% and the trading volume of 177 million indicate that sellers are taking aggressive actions at this level. You see that the open interest remains high, which means the risk of long positions being forcibly liquidated is always present.

From the current price performance, the bears are in the lead. Technically, the key support levels have been broken, and the high trading volume confirms that this downward move is quite genuine. The short-term rebound is weak, and the probability of continued downward momentum is high.

If you want to operate:
💡 Entry zone: between 0.00270 and 0.00275
⚠️ Stop loss set at 0.00285 (this level must not be broken)
🎯 First target: 0.00250
🎯 Second target: 0.00230

The subsequent decline is likely to seek the next liquidity zone. Currently, there is no strong buying interest in the market, and the rebound on the lower time frame is weak. If this pattern continues, the bearish momentum should persist.

BTC-0.1%

PUMP-4.74%

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LayerZeroJunkie

· 6h ago

It's the same old story, once support is broken, you know it's time to keep pushing down. The bears are really aggressive this time. --- 1.77 billion in trading volume, the main force is not small. The bulls will have to be shaken out this time. --- 0.00270 entry still feels a bit psychologically difficult, I always feel it might drop a bit more. --- Looking at this weak rebound, the bears clearly don't want to give you a chance to breathe. --- Where is the next liquidity? It depends on whether 0.00230 can hold. --- The open interest is still holding on stubbornly. The worst part is this kind of pattern. --- Forget it, let's wait and see. If you don't see through this kind of market, you'll easily get caught. --- An 11% drop isn't a big deal during a strong market, but right now... it really feels cold. --- No, why chase the short? Isn't there a bigger chance of a rebound at the bottom? --- When will the buy orders come in? Eating it all up like this is endless.

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SerumSquirter

· 6h ago

The short squeeze this time was indeed fierce, but I still think the 0.00270 level is a bit risky... Having such a high open interest is really dangerous.

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SelfStaking

· 6h ago

11% decline... the open interest is still so high, the bulls are really getting hammered.

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NotGonnaMakeIt

· 6h ago

Oh no, this pump is really killing people. An 11% drop directly wipes out a bunch of longs. The trading volume is so crazy that it shows the shorts are not joking. Positions are still so high... I think the longs should be prepared for a margin call at any time. --- The support has been broken through, now there's really nothing stopping it from continuing to drop. I'm also stunned by how weak the rebound is. --- Most of the bottom-fishers are probably dead by now. The shorts probably can continue to enjoy this rhythm. --- If you enter around 0.00270, it's best not to let it break below 0.00285, or it's really just over. --- Feeling a bit scared now, there's no movement from the buy orders... this wave of shorts might really wipe out the entire market. --- It’s dropping so sharply, the liquidity zone might really be the next death trap. --- It seems the longs can't play anymore this time. Let's wait and see if 0.00250 can be broken.

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SmartContractPlumber

· 6h ago

With such a high position volume, still daring to push down, luckily the shorts don't have permission control vulnerabilities... To be honest, this market looks a bit like some of the coins we've audited before; outwardly fierce but actually with very fragile liquidity.

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