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$MERL This rebound looks lively, but it's actually the final celebration for the big players. The bear market drama has just begun. Today’s Christmas market, $MERL briefly surged to around 0.43 USDT, up more than 7% in 24 hours, looking quite fierce, and the trading volume also increased. But a closer look at the chart reveals the truth: the volume clearly lacked enough momentum during the surge, and the number of bullish funds chasing in is decreasing. The price was directly pushed back below 0.428 at the high point, a typical trap to lure in traders before dumping.