#siren SIREN Roller Coaster: A 60% Plunge Followed by a 70% Surge, A "Control Game" Specifically Designed to Harvest Retail Investors

This wave of SIREN is essentially a very typical "harvesting game." It first plummeted 60%, and many thought it was over, only to surge back up 70%. If you were in it, chances are you didn’t profit but were educated back and forth. The core issue is quite simple: On-chain data revealed that a suspected address controlled nearly 88% of the circulating chips. In this structure, the price is not determined by the market, but by individuals.

What happened next is easy to understand: on the contract side, liquidations occurred one after another, while the spot market lacked depth, allowing small funds to either explode or crash through. The operators only need to coordinate in different markets to wipe out both longs and shorts together.

The emotional aspect is very real, switching from FOMO to panic back and forth. Many people have started using terms like "ridiculous" and "abnormal" to describe it. This kind of market can be played, but you must understand that you are in a "game," not "investing."

If you must participate, it is only advisable to take small positions for short-term trading: for example, if it stabilizes above 1.5 and volume returns a bit, you might try to catch a small rebound, targeting the 2.0-2.3 range. But the premise is that 1.35 must be a stop-loss; if it drops below, get out without hesitation.

Additionally, you can keep an eye on three more points: one is whether CZ will continue to promote AI Agent, one is whether there will be an opportunity to enter Binance's spot market, and the most critical — whether the chips start to disperse. The biggest issue now is that the chips are too concentrated, with over 66% in the hands of a few individuals. In such a structure, a crash can happen at any moment, not an exaggeration at all. In the medium term, if the AI Agent line can continue, SIREN is not without imagination, but the premise remains that the chip structure must change.

To be frank: this kind of market is essentially a game. Those who understand it earn from the rhythm, while those who do not become liquidity. #合约爆仓 #btc $BNB