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#Gate广场四月发帖挑战
Brothers, my little sister just finished watching $BASED this 30m candle, and the volume dropped quite noticeably 💀
There is a wall pressing down from above, and the price just can't push through — this kind of consolidation isn't building strength, it's because no one is willing to buy. The funding rate is still positive, meaning long positions are bleeding out every 8 hours, gradually exhausting themselves.
The market maker doesn't need to act now, just wait. Brothers, keep an eye on the next candle: if the volume continues to shrink and the price pulls back below the resistance level, $BASED this cluster of long positions will be ready-made fuel 📉