Written for all friends gambling in demon coins.
Be careful of that scythe, it might be aimed at your neck.
I saw a certain scam coin saying that market makers are now in a difficult position, with the upper side being a vacuum area, holding a massive amount of long positions, and can only drop a little before pulling back hard. To be honest, this kind of demon coin really raises one's adrenaline. Many large holders have already shorted at high leverage, starting from over 100,000 USDT, betting real money on a return. Now it's a contest between retail investors and market manipulators, seeing who can’t hold on first, or if they will continue to push up? But there’s a common knowledge: no matter how brilliant the fireworks, they will eventually extinguish. Market makers are not gods; they also have to account for their actions. The higher it goes, the greater the fuel consumption, and once liquidity cannot keep up, or if the opposing contract pulls out, it will be an avalanche. And those large holders with over 100,000 USDT in short positions are not pushovers; they dare to press down from a high position and are naturally prepared for a protracted battle.
The current market is essentially a game of who blinks first. The market manipulators want to pull it up by another 10%, forcing the short positions to liquidate, while conveniently selling off their long positions at a high. The large holders are thinking, you can pull as much as you want, I will hold on until my margin cannot withstand it. As for retail investors? Many are already on the bus, either becoming rich or standing guard.
The question is, is this so-called vacuum area really a vacuum? History has repeatedly proven that the most dangerous place is not where there is selling pressure, but where everyone thinks it can still rise. Once market makers feel that the goods are almost sold out, or realize that the funds chasing higher prices cannot keep up, the reversal will be a big bearish candle. The ephemerality is indeed beautiful, but it is destined to wither. The ones who can truly make money are not those who rush in with adrenaline but those who quietly withdraw when the fireworks are at their brightest.
The end of the scam coin carnival usually results in a mess. It's not that you can win by running fast, but if you run, don’t come back. $RAVE
Be careful of that scythe, it might be aimed at your neck.
I saw a certain scam coin saying that market makers are now in a difficult position, with the upper side being a vacuum area, holding a massive amount of long positions, and can only drop a little before pulling back hard. To be honest, this kind of demon coin really raises one's adrenaline. Many large holders have already shorted at high leverage, starting from over 100,000 USDT, betting real money on a return. Now it's a contest between retail investors and market manipulators, seeing who can’t hold on first, or if they will continue to push up? But there’s a common knowledge: no matter how brilliant the fireworks, they will eventually extinguish. Market makers are not gods; they also have to account for their actions. The higher it goes, the greater the fuel consumption, and once liquidity cannot keep up, or if the opposing contract pulls out, it will be an avalanche. And those large holders with over 100,000 USDT in short positions are not pushovers; they dare to press down from a high position and are naturally prepared for a protracted battle.
The current market is essentially a game of who blinks first. The market manipulators want to pull it up by another 10%, forcing the short positions to liquidate, while conveniently selling off their long positions at a high. The large holders are thinking, you can pull as much as you want, I will hold on until my margin cannot withstand it. As for retail investors? Many are already on the bus, either becoming rich or standing guard.
The question is, is this so-called vacuum area really a vacuum? History has repeatedly proven that the most dangerous place is not where there is selling pressure, but where everyone thinks it can still rise. Once market makers feel that the goods are almost sold out, or realize that the funds chasing higher prices cannot keep up, the reversal will be a big bearish candle. The ephemerality is indeed beautiful, but it is destined to wither. The ones who can truly make money are not those who rush in with adrenaline but those who quietly withdraw when the fireworks are at their brightest.
The end of the scam coin carnival usually results in a mess. It's not that you can win by running fast, but if you run, don’t come back. $RAVE