$SIREN ‌The whale market has once again fallen into a trap today. Previously, we said it would sell around 0.5, but instead of dropping, it rose from 0.52 to 0.64, and now it’s back down to 0.54. Don’t panic, I’ll help you see through their performance.

The current situation is called “Fellow villagers, don’t leave.”
Look at this price: from 0.64 down to 0.54, a drop of 15 points. But the funniest part? The whale market is secretly running away. Check the data:
The total number of whales has decreased from over 160 yesterday to 141 today, the big players are retreating.
Although the price is higher than yesterday, more whales are losing money than making money, indicating someone is buying high and holding.
The long-short ratio has surged to 124%, meaning more than 70 out of 100 people are buying long positions, retail investors are all rushing in.
The whale market’s script is probably like this:
Act One: Draw a “W bottom” to deceive you.
The price is now hovering around 0.54, possibly pushing up again to 0.58-0.60, making you think “Wow, a double bottom has formed, it’s about to take off.” At this point, retail investors will chase in frantically.
Act Two: Close the door and beat the dog.
After you chase in, it will suddenly dump. The target is still around 0.38-0.4. Why? Because that’s the cost basis for many people before. If it drops there, everyone will lose money, and those who can’t hold will sell.
Act Three: A slow, painful decline.
Near 0.38, it won’t let you easily break free. It will oscillate between 0.35-0.42, rising 10 points in one day, dropping 15 the next, wearing out your patience. When you finally sell, it will rise again.
What should you do now?
Never chase high. Buying at 0.54 now, if the whale market pushes to 0.6, you only make 10 points. But if it dumps, you’ll lose 30 points—not worth it.
If you want to short, wait a bit longer. Wait for two signals: either the price rises again to 0.58-0.6 but can’t break through, or it drops below 0.5. When these signals appear, it’s not too late to short.
In one sentence: the whale market is acting, the audience is already in the theater, and the curtain is about to fall. Just watch the show from the sidelines, don’t go on stage and act.