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$C Keep short!!
After surpassing 10 million, the trading volume clearly became insufficient. 🐶 The whales are frantically inserting orders, with the highest reaching 0.1. This wave isn't driven by buy orders pushing it up, but rather the current high fees causing most short sellers to be unable to hold their positions and forcing a liquidation push.
Historically, in similar situations, both fees and prices tend to go down. The current price can still continue to go long!