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$RAVE This coin's big players just finished a large wave, pushing from 0.47 to 1.58, nearly a 200% increase. Now the price is hovering around 1.51, and it's highly likely that the big players will play it like this:
First move: Sideways consolidation to shake out shorts. Looking at the data, there are many more shorts than longs among whales and smart money, and the average opening price for shorts is around 1.1. Currently, they are all losing money. The big players spent so much to push the price up, they won't let the shorts easily break even. Most likely, the price will oscillate in the 1.4-1.6 range for a few days, forcing those who can't hold out to cut their losses, and also shaking off the weak longs.
Second move: Trigger short liquidation. Once the sideways movement is enough and the shorts have been forced to close, the remaining dead shorts have heavy positions and high leverage. The big players might suddenly push the price up sharply, directly hitting the short's liquidation price, triggering a wave of short liquidations for fuel, then dropping the price again.
Third move: Sell at high levels. The 24-hour trading volume has reached 1.29 billion, with a very high turnover rate, indicating retail investors are already jumping in. The big players are pushing up while selling off, leaving a long upper shadow candle before starting a gradual decline.
In the short term, don't rush to chase; wait until it pulls back and stabilizes. Chasing now is easy to get caught on both sides. The big players haven't finished selling, so the market won't collapse immediately, but volatility will be high. Those with weak hearts should avoid playing.