#数字资产市场观察 The short order laid out last night, now has unrealized gains of 13,000 dollars.
To be honest, these low market cap altcoins are purely a game of funds—there's no fundamental support, and they completely rely on strong controlling entities to drive up prices for selling. Retail investors who jump in are likely to be the ones left holding the bag.
Not long ago, I also tried to short this asset, but I encountered a violent pullback and couldn't hold on, so I directly cut my losses and exited. However, the spike in the early hours yesterday was too obvious - it broke through the support level with high volume, clearly aiming to liquidate high-leverage contract positions. Large investors might be able to withstand the volatility, but those retail investors who went all in are not so lucky, they directly got wrecked halfway up the hill.
After seeing this signal, I opened a short order around 0.0533 and closed the position at 0.0423 during lunchtime, making a profit of 13,000 dollars from this operation.
If you often chase after rising prices and get trapped, or always struggle to catch the rhythm of the market, you may need to reassess your trading logic. The opportunity for huge profits with altcoins does exist, but the prerequisite is that you need to understand the manipulative methods of the big players—during such volatile market conditions, a space of more than 3 times is not impossible, the key lies in choosing the right targets and timing.
$ARC is also worth paying attention to, as it clearly exhibits characteristics of a similar funding scheme. Remember: the market is not short of opportunities, but what is lacking is the capital to survive until the next opportunity arises.
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MoodFollowsPrice
· 11-30 13:30
Damn, it's another trick of using Long Wick Candle to play people for suckers, no wonder retail investors are just cannon fodder.
This time I did read it correctly, but I still think playing with this altcoin is too risky.
Understanding the market maker's tricks and actually surviving to get the money are two different things, that's true.
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Layer2Arbitrageur
· 11-29 08:00
lmao 13k on a pump & dump wick? that's just arbitraging the liquidation cascade honestly. the gas optimization here is basically "wait for the rug pull signal, short the bounce" - textbook MEV play if you squint hard enough.
Reply0
NeonCollector
· 11-29 07:52
Wow, this Long Wick Candle technique is so cliché, retail investors are still crazily catching a falling knife.
View OriginalReply0
Frontrunner
· 11-29 07:49
Wow, 13,000 dollars, that's quite the move!
Retail investors have been played people for suckers into minced meat, and they're still shouting to buy the dip.
View OriginalReply0
RektButAlive
· 11-29 07:31
It's another one of those Long Wick Candle contract schemes, and retail investors get caught in the crossfire every time.
#数字资产市场观察 The short order laid out last night, now has unrealized gains of 13,000 dollars.
To be honest, these low market cap altcoins are purely a game of funds—there's no fundamental support, and they completely rely on strong controlling entities to drive up prices for selling. Retail investors who jump in are likely to be the ones left holding the bag.
Not long ago, I also tried to short this asset, but I encountered a violent pullback and couldn't hold on, so I directly cut my losses and exited. However, the spike in the early hours yesterday was too obvious - it broke through the support level with high volume, clearly aiming to liquidate high-leverage contract positions. Large investors might be able to withstand the volatility, but those retail investors who went all in are not so lucky, they directly got wrecked halfway up the hill.
After seeing this signal, I opened a short order around 0.0533 and closed the position at 0.0423 during lunchtime, making a profit of 13,000 dollars from this operation.
If you often chase after rising prices and get trapped, or always struggle to catch the rhythm of the market, you may need to reassess your trading logic. The opportunity for huge profits with altcoins does exist, but the prerequisite is that you need to understand the manipulative methods of the big players—during such volatile market conditions, a space of more than 3 times is not impossible, the key lies in choosing the right targets and timing.
$ARC is also worth paying attention to, as it clearly exhibits characteristics of a similar funding scheme. Remember: the market is not short of opportunities, but what is lacking is the capital to survive until the next opportunity arises.