#RAVE April 23rd 15:00 (latest): Only empty and not much, don’t bottom-fish, light position for high shorting.

I. Current situation (as of April 23rd)

- Price: $1.0～$1.15
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- 24h: -30%～-34%, has crashed more than 95% from the high of $27.9
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- Allocation/chips: 95%+ exchange control; the big players have already distributed off at high levels
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- Technicals: Daily/4-hour charts — strong sell signal
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- Sentiment: FOMO → panic stampede

II. Why you can’t go long

1. The big players have finished offloading
Massive quantities have been moved from high positions to exchanges for selling, and the pump capital has already withdrawn.
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2. The short squeeze is over
The wave of short liquidations has run its course, and there is no upward momentum.
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3. Price action: a falling channel
Small rebound → another plunge → drifting lower with bearish momentum.
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4. No fundamental support
A pure capital-driven game with no real value backing—crash.
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5. Risk: the risk of going to zero
After highly controlled “demon coins” collapse, they often drag on in a long-term downtrend/return to zero.

III. Short-selling strategy (for aggressive traders only)

- Entry: rebound in the $1.4～$1.6 range
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- Stop loss: $1.9 (strong overhead pressure)
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- Target 1: $1.0 (breakdown—look at $0.7～$0.8)
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- Target 2: below $0.5
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- Position size: ≤5%, absolutely no leverage

IV. Conservative advice

Stay on the sidelines as the main approach: don’t bottom-fish, don’t go long, and don’t chase rebounds.
Any rebound is the big players luring more sell-offs to distribute.