
Adam@Greeks.live|Apr 14, 2025 12:32
http://Greeks.Live Daily English Community Briefing
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Release date: 2025-04-14
Overall market sentiment
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The group holds a bearish attitude towards Bitcoin, with key traders considering $82000-$84000 as resistance and expecting further decline. There is a clear divergence regarding altcoins, with some traders seeing opportunities to short overvalued tokens, while others are cautious about the timing of these trades due to potential market manipulation.
OMUSDT collapse - short positions profit
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OM token experienced a catastrophic collapse from $7 to nearly $0, completed within minutes, with a trader holding a short position for 41 days earning $4 million in unrealized profits
The collapse seems to have been triggered by some form of deliberate manipulation over the weekend, with open contracts decreasing from 130 million to 50 million during the collapse period
Several traders have pointed out that the suspicious price trend of the token is likely due to 90% of the supply being controlled by a single wallet
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