#数字货币市场回调 This short order didn't enter a position, can I still chase it now?
Calm down. After rushing to enter a position last time, I realized - this pullback might be a period of accumulation before the next surge.
You see: From 3 dollars straight to around 6 dollars, now pulling back to the 5 dollar area, how is this a crash? It is obviously the main force washing the chips. After a rapid increase, turnover is needed to clean out the floating chips before continuing to surge.
Moreover, every time there is a pullback, there are people eager to enter a position, only to be taught a lesson by the market reversing on them. These trapped short orders will precisely become the fuel for the next round of short squeeze.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
6 Likes
Reward
6
3
Repost
Share
Comment
0/400
GateUser-75ee51e7
· 11h ago
What am I chasing? I got trapped last time when I chased the price, and now it just annoys me to look at it. Let's wait and see; anyway, rushing won't bring any rise.
View OriginalReply0
StablecoinArbitrageur
· 11h ago
ngl, chasing shorts on a 50% pullback after a 2x run is just asking to get liquidated. the order book depth at 5 tells the whole story if you'd bother checking dex aggregators instead of hopium posting.
Reply0
DegenRecoveryGroup
· 11h ago
Chasing a hammer is pointless, I haven't breakeven from the last trap yet.
Haha, here comes another wave of reasons to wash out the chips.
I don't think it can hold above 5, I'm seeing a direct drop below 3.
Those short positions have indeed learned their lesson, but retail investors are worse off.
On the SOL side, it's still worth a look, but I really can't gamble on TRA.
#数字货币市场回调 This short order didn't enter a position, can I still chase it now?
Calm down. After rushing to enter a position last time, I realized - this pullback might be a period of accumulation before the next surge.
You see:
From 3 dollars straight to around 6 dollars, now pulling back to the 5 dollar area, how is this a crash? It is obviously the main force washing the chips. After a rapid increase, turnover is needed to clean out the floating chips before continuing to surge.
Moreover, every time there is a pullback, there are people eager to enter a position, only to be taught a lesson by the market reversing on them. These trapped short orders will precisely become the fuel for the next round of short squeeze.
Will $TRADOOR replicate the trend of COAI?
Focus on these: BID GRIFFAIN ARC TRDOOR SOL ETH