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$LYN This is a bull trap, and the longs are trapped again.
From my historical smart money data, I can see that when the price was at 0.04, short sellers closed out massive positions, and together with new longs buying the dip, they pushed the price up.
However, short positions have consistently remained far higher than long positions, but this is the historical record of smart money. Price movement is ultimately determined by current buy and sell orders at any given moment.
- Longs have absorbed from 230,000U two days ago up to 730,000U in this latest rally.