The surge on Tuesday was basically fully retraced across most trading pairs. At that time, every retail investor was celebrating victory, only to be slapped in the face shortly after. It ended with a flat closing price, with neither side making a profit. That's how the market is; apparent victories are often just fleeting.
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PoetryOnChain
· 5h ago
Retail investors' happiness is so cheap that they can celebrate a rebound for half a day.
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PancakeFlippa
· 5h ago
Oh my, it's the same trick again, and suddenly you do a backflip in return.
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BearMarketMonk
· 5h ago
The tactics of cutting leeks are just like this, unpredictable and inconsistent.
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Whale_Whisperer
· 5h ago
Damn, I got liquidated again. I should have just sold on Tuesday.
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SatoshiHeir
· 6h ago
It should be pointed out that this fleeting rebound precisely demonstrates a repeatedly validated market argument: the collective euphoria of retail investors is often the best short-selling signal in history. On-chain data shows that during each of these "national celebrations," the proportion of large holders' positions quietly declines.
The surge on Tuesday was basically fully retraced across most trading pairs. At that time, every retail investor was celebrating victory, only to be slapped in the face shortly after. It ended with a flat closing price, with neither side making a profit. That's how the market is; apparent victories are often just fleeting.