Luis Grunin

It's funny how the DCR sell order has been whittled down so much.
Shorter must be rolling around in a cold sweat. Thanks to you guys, DCR is now available to everyone at a low price.
Thank you!

Shorter is the person who has contributed the most to diversification.
Thank you so much for selling even though it meant going bankrupt!

#DCR #decred

Decred interest rates are skyrocketing.
The lending pool is close to saturation.

Looking at the market date, there are many overdrafts.
I think a short squeeze is very close.

We can win by simply buying more without rushing.

#DCR #decred

Short positions are accumulating rapidly, and short sellers are starting to lose against natural buying pressure.

Simply adding to your long position will guarantee victory.

#DCR #decred

Decred short sellers may have run out of inventory.
This might be the last batch available on the order book.
There's a significant amount of short positions accumulated, so this is going to skyrocket.

This could be a sign that DCR is about to surge!

#DCR #decred

#DCR #decred

Even though the short squeeze is small, it is no longer possible to shoot it down with a selling spree.

For the time being, lending is an overdraft, so people are doing their best to sell, but the damage is only getting worse.

An upward cycle may be starting soon.

Even though the short squeeze is small, it is no longer possible to shoot it down with a selling spree.
For the time being, lending is an overdraft, so people are doing their best to sell, but the damage is only getting worse.

An upward cycle may be starting soon.

#DCR #decred

DCR/USDT 15-minute chart.

Shorters are now selling from above as the price starts to rise, making it impossible to calm the bearish trend.
What's more, if you look at the volume, it's significantly lower than usual during rises.

In other words, there are significantly fewer shorters to short squeeze.

#decred #DCR

This is what it looked like when the last DCR BULL started.
It's been rising pretty quickly, but I think the rise will be even faster this time as it enters an even higher cycle.

#DCR #decred

DCR had been dumped by miners for a long time, but with the introduction of the BLAKE3 hash function, ASICs became unusable and coins could no longer be handed over to miners.

Furthermore, by drastically reducing the PoW reward to 1%, coins are prevented from being handed over to anyone other than coin holders.

As a result, current short-stakes have no choice but to sell off their physical assets and lend them, so I think they will eventually reach a limit and start to rise.

#DCR #decred

DCR/USDT

After being hit by the base line, the price is again breaking below the cloud.
In the short term, support is likely to be retested.

The cloud is thinning, and a twist is visible nearby.
If the price can hold near support, a trend reversal may occur near this area.

#DCR #decred

Looking at Decred's Explorer, the current PoW block reward is 0.0574 coins.
The total number of coins issued is the same as Bitcoin.
So even if a few miners continue to mine exclusively, it's impossible to obtain enough $DCR to dump.

So, in the end, the only option is to secure physical coins through lending.

#DCR #decred

I just looked at the exchange address and saw that Shorter had somehow managed to deposit around 5,000 DCR.

But that's as far as I can go.
I think Decred will just go up on its own.
And because of that, even when Decred is repaid, interest rates are actually rising.

This is a classic symptom of a liquidity shortage. It's like a terminally ill patient being forced to keep living.

#DCR #decred

Today's Decred Analysis

Following yesterday's listing on Bitmart and the overall influx of funds into the cryptocurrency sector, Decred saw its price surge by 30% at one point.

Looking at the market data, borrowing reached 18,168 DCR, while repayments totaled 16,678 DCR, resulting in a net borrowing position.
Ultimately, short sellers were unable to close their remaining short positions and ended up accumulating even more debt.
This figure clearly shows how desperately short sellers tried to halt this rally.
Such forced dumping driven by reckless borrowing cannot last long.

Looking at the interest rate level, we currently see an abnormal value of 70%.
This number indicates that nearly all available funds in the lending pool are being utilized.
Short sellers must maintain their positions while paying these high interest rates, likely breaking out in a cold sweat.

From a technical analysis perspective, things are looking good, and it appears to be following the best-case scenario route I predicted last time.
Since the short sellers' stop-loss levels are likely around $33, breaking above that level would signal the definitive start of an uptrend.

#DCR #decred

Decred dumping is reaching its limit!

This is an abnormal situation where interest rates don't go down even when we repay the DCR we owe.
It's highly likely that more physical assets are being withdrawn from the lending pool than the amount being repaid.

Shorter is being pushed pretty hard.
It seems there are no more options left, so we'll just have to sit back and win.

#DCR #decred

Binance DCR borrowing It's down to 100 DCR.
Lending is no longer available.

Shorters have no choice but to hold the physical assets they have.
Since trading volume hasn't decreased, they'll soon run out of steam.

We can win by simply buying more.

#DCR #decred

New borrowing via Decred lending has slowed significantly.

Exchanges are not receiving large physical deposits, and shorting is not increasing.

This means that the physical DCR that shorters have on hand will likely be the last.

When using lending, simply hold on to DCR instead of borrowing and selling immediately.

#DCR #decred

Binance DCR

Despite repayments exceeding borrowings, available (lending inventory) remains extremely low.

Since repayments don't increase the lending limit, it seems like new borrowing for shorting is no longer possible.

We can win by just buying more quietly.

#DCR #decred

A crisis is approaching for those who are massively shorting DCR.

All short positions sold below the blue line are now in the red.

Last time, after reaching the limit of massive spot selling, the market was pushed down by massive shorting, but after shorting, there is no other option.

The coin's credibility is such that HODLers are stubborn, so they have no choice but to sink.

We can win by simply buying quietly.

#DCR #Decred

Looking at Binance's market data, despite more Repayments occurring, the Available balance is decreasing.
This indicates two possible scenarios.

One possibility is that everyone withdrew their DCR from Flexible staking, shrinking the Lending pool.
However, in this case, the funds should return to the Staking pool. Yet the current ticket count is Under target, meaning they haven't returned here. Additionally, the Hot wallet balance has increased, making it unlikely that withdrawals occurred from the exchange.

The more realistic possibility is that short sellers borrowed too much, prompting Binance to lower the borrowing limit. I suspect Binance judged that if borrowing continued, liquidity constraints during a squeeze would prevent short sellers from covering their positions, making recovery impossible. This scenario is good news. It means short sellers can't borrow more, eliminating selling pressure.

Either way, DCR's circulating supply is severely depleted, so a massive surge seems imminent.

#DCR #decred

Shorter has been selling hard and this is what we get.
Borrow has become larger than Repay, so the gap has widened, conversely.
It's no longer possible to manipulate prices by short selling alone.
We can win by calmly and steadily increasing our purchases.

$DCR #decred