$RAVE The third major upward wave has already started! Holdings have plummeted by 83%, $30 is just the beginning, is $50 still far away?
$RAVE
$RAVE The surge is playing out in ways far beyond expectations. On April 18, RAVE violently surged from around $16.5 last night, once breaking through $28, hitting a new all-time high, with a 24-hour increase of 51.7%, and nearly 7 days up by 1314.1%. The total network contract liquidation reached $20.54 million, with short positions liquidated at $18.18 million, accounting for 88.5%. The liquidation amount ranks just behind Bitcoin and Ethereum—an altcoin’s liquidation scale has reached a stage comparable to BTC and ETH, reflecting the value of RAVE’s current capital structure.
RAVE is quoted at $26.35, with the SuperTrend(10,3) indicator firmly at 17.51, well below the current price, confirming the trend; MACD is in a stable golden cross, DIF and DEA diverging upward, bullish momentum shows no signs of weakening; RSI(6) reading is as high as 94.87, in a short squeeze market, overbought is not a sell signal but a confirmation of continued strength.
Holdings have dropped by 83%: the core fuel of the third major upward wave
The most critical signal on April 18 lies in the holdings data. As of the time of writing, RAVE’s total contract holdings have fallen to 25.4885 million tokens (coin-backed), a sharp 83% drop from the peak of 150 million on April 11. The halving of holdings again and again, yet the price is hitting new all-time highs—this divergence between volume and price in a short squeeze market is precisely the key signal that the bearish force is nearing exhaustion.
What does an 83% drop in holdings mean? A large number of leveraged shorts have been liquidated, leaving almost no remaining short-selling force in the market. After the opposing side disappears, bulls no longer need to spend funds to suppress shorts—the resistance to upward movement is minimized. When prices continue to rise but holdings keep decreasing, it indicates shorts are being continuously squeezed out and liquidated, leverage funds are gradually decreasing, and the market structure is transitioning from high leverage to a healthier state.
This is the core difference between the third wave of the main rally and the previous two: the first wave was driven by negative interest rate short squeeze, the second by liquidation wall breakthroughs, and the third—by the natural acceleration along the path of least resistance after shorts have been “killed off.”
The liquidation map shows that the current liquidation wall above $26.21 is mainly concentrated in the $27.09 to $28.09 range, with nearly ten million dollars in liquidation capacity stacked there. This zone has been tested multiple times today; once effectively broken through, mass short liquidations will trigger a chain reaction—forced liquidations mean shorts are compelled to buy back in the spot market, and in an environment of extremely scarce circulating supply, this buying will form a self-reinforcing price pulse. Breaking through $28 will almost certainly lead to an inertial extension toward $30.
Smart money structure: bulls’ unrealized gains are extremely thick, locking-in effects continue to amplify
The “Smart Money Overview” data is currently the most core bullish signal for RAVE. 1,592 profitable traders hold 60.76 million USDT, with an average opening price of only $16.04, unrealized profits of $23.46 million, and a profit ratio of 90.26%. Only 372 traders are in loss, holding 6.84 million USDT, with an average opening price of $16.99, and floating losses of just $2.39 million.
This data structure conveys three key messages: the average cost for the main bullish players is only $16.04, with unrealized gains exceeding 60%, providing a thick safety cushion with no motivation to sell; the losing short positions are only 6.84 million USDT, less than one-tenth of the bulls’, indicating short force has been severely weakened; a 90.26% profit ratio suggests market sentiment is highly converged—everyone is waiting for higher prices, forming a “locking-in effect,” further compressing actual circulating supply.
The nominal long-to-short ratio is as high as 888%, with long positions nearly nine times the short positions. This is no longer a battle between bulls and bears, but a one-sided crush by bulls on shorts.
Target: from 18 to 27, the second wave of the main rally has been realized. $30 is the next stop, and $50 is the ultimate goal.
When the previous article “$RAVE The Second Wave of the Main Rally Is Coming” was published, RAVE was still consolidating in the $17.5-$18.6 range. Now, the price has firmly surpassed $27, and the forecast for the second wave of the main rally has been perfectly fulfilled. From 18 to 27, a 50% increase took less than 48 hours.
But this is far from the end. From $27 to $50, only an 85% increase is needed. With RAVE’s explosive power of 1314% over the past 7 days, this is hardly a problem.
First stop $30: an 83% drop in holdings indicates that short fuel is nearly exhausted. Once the liquidation wall in the $27-$28 range is effectively broken, mass short liquidations will trigger a chain reaction—an inertial extension toward $30 is highly probable. Currently, the average cost for bulls is only $16.04, with thick unrealized gains and no motivation to sell, minimizing resistance to upward movement.
Second stop $50: extremely concentrated chips, negative interest rates continuously empowering bulls, mainstream platforms launching one after another, shorts increasing positions but being liquidated repeatedly—all pointing toward continued explosive growth. RAVE’s narrative is shifting from “altcoin demon” to “cultural asset,” with a top 25 market cap opening up long-term capital allocation space. Once $30 is effectively broken, market sentiment will shift from “doubt” to “confirmation,” and FOMO will accelerate capital inflows.
Negative interest rates persist, chips are extremely concentrated, holdings have plummeted by 83%, and shorts are under constant pressure—all these conditions together have scripted the third wave of the main rally. From 18 to 27 is the second wave, from 27 to 30 is the start of the third wave, and $50 is the ultimate goal.
#山寨币强势反弹
