Bulla (BULLA)

Typical crash model interpretation

1. Price rises while OI keeps decreasing. A detail here: need to look at 1H trading data; the level is too small to determine the major player's intent.
2. Price is being propped up upward, and the contract open interest declines continuously for several hours—this is a premeditated behavior before a crash.
3. The major player clears all long positions at a high level, then supports the price to continue finding counterparties, allowing retail traders or electronic desks to come in for long arbitrage. With counterparties in place, they can quietly add short positions. Once the short positioning is complete, they remove the support orders, let the price fall with the trend, and keep adding shorts while the price is being hammered, until it finally collapses.

In fact, the typical targets of this harvesting are not retail investors but institutional electronic desks; retail traders are just collateral damage.

My own short positions are not large; they are used for verification, learning, and summarizing. I post my personal summary on X as trading notes for everyone to learn from.

Feel free to add more #Bulla

After manipulating the price to pump, the next is to dump and exit.

It’s crazy that the manipulators behind these schemes continue to ruin the industry.

Back in March, this token pumped more than 1,000% in just a few days through coordinated manipulation. The same entity was behind the manipulation and collapse of $BULLA in February before moving on to $SIREN.

The same market manipulators (not market makers) also appear to be behind tokens such as $RAVE, $AKE, $HANA, and others.

Retail continues to be used as exit liquidity while the insiders walk away with the profits.

Stay smart.