CLO remains on a continuous upward trend on the daily chart. In this wave of the market, it seems that quite a few friends are shorting. The current price hovers around 0.7, and from the trend, it is entirely possible that the 0.8 level will be reached. However, the recent 15-minute chart shows a clear sideways consolidation pattern, indicating that it might be waiting for a certain moment—perhaps brewing the next rally. From the 1-hour K-line perspective, another round of upward attack is expected.

Interestingly, this coin has already entered the top ten in market cap rankings, with a high concentration of holdings—currently, 80% of the circulating supply is held by top addresses. It is worth noting that this ratio has decreased from 85% the previous day, indicating that some chips have been gradually realized during this rally.

From a trading perspective, this high concentration pattern leaves ample room for manipulation by large players. If you plan to short, you must be extra cautious and strictly control your position size. In past volatile markets, many longs have been repeatedly shaken out; don’t repeat the same mistakes this time.