#数字资产市场观察 This wave of price movement is truly a textbook bull trap. That spike on Saturday? A typical last wave of harvesting, specifically to lure those retail investors chasing the price. To be honest, isn't it more appealing to just Short the projects you don't like? Looking back now, this kind of crash speed indeed meets expectations—it's already dropped nearly 50 points from the high.
I have already closed more than half of my short position with 20x leverage, leaving the base position to observe whether it will continue to drop. If you're interested in the volatile ups and downs of the crypto market, feel free to join the discussion area to chat about ideas. $MON $ARC are also worth paying attention to.
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MetaverseMigrant
· 13h ago
Hey, did you close half of your 20x short order? You're such a steady player.
Are you still waiting for $MON to continue dropping or have you already switched?
$ARC seems a bit sketchy, better to follow the fundamentals.
Retail investors really need to learn from this, it's always the same trick.
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RugDocDetective
· 13h ago
Eh, I saw this MON long ago. That wave on Saturday was a typical accumulation pump, with a bunch of retail investors as dumb buyers.
A 20x short order is nice, but I'm afraid the rebound will suddenly eat it back. Now this rhythm really needs to be monitored closely.
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GasFeeGazer
· 13h ago
Ha, it's another classic play people for suckers. I knew there would be trouble with that pump on Saturday.
Having the guts to keep a 20x short order, that's quite bold. What will you do if there's a rebound?
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LightningHarvester
· 13h ago
I also saw that wave on Saturday, it was indeed tempting. But having a 20x short order takes some real guts.
You still need to leave some base positions, your thinking is correct. I'm just afraid it will fall halfway and then rebound, that would be really unpleasant.
To put it bluntly, MON is just a trap for suckers, it's the same every time. I need to take a good look at ARC and pippin.
#数字资产市场观察 This wave of price movement is truly a textbook bull trap. That spike on Saturday? A typical last wave of harvesting, specifically to lure those retail investors chasing the price. To be honest, isn't it more appealing to just Short the projects you don't like? Looking back now, this kind of crash speed indeed meets expectations—it's already dropped nearly 50 points from the high.
I have already closed more than half of my short position with 20x leverage, leaving the base position to observe whether it will continue to drop. If you're interested in the volatile ups and downs of the crypto market, feel free to join the discussion area to chat about ideas. $MON $ARC are also worth paying attention to.