Just went through the complete price action of $LAB, which crashed from 5.9 to 2.8. To be honest, it was even more brutal than I expected.
In 24 hours, it got chopped in half from the high and then broke down further, with over 900 million U in trading volume. Those who chased the highs got liquidated in the waterfall, and those who leveraged got wiped out completely—just a chorus of lamenting. #爆仓行情分析
Personally, I got out early with my long position; the market once again confirmed my strategy. I had a long around 4, and now it’s at 4.8—cashed in 20%#多空爽吃
Severe overselling, so what? The falling knife—we wait for it to hit the ground, stabilize, and show lower volume, that’s my entry signal.
You know, in crypto, the number of people who can survive a one-sided downtrend is way fewer than those who double their money in a bull market.
With LAB this time, I don’t have any flashy trades to boast about; I just had a bit more respect and a lot less greed than most. You need to understand: not getting liquidated is more important than anything else. #Survival is key.
In 24 hours, it got chopped in half from the high and then broke down further, with over 900 million U in trading volume. Those who chased the highs got liquidated in the waterfall, and those who leveraged got wiped out completely—just a chorus of lamenting. #爆仓行情分析
Personally, I got out early with my long position; the market once again confirmed my strategy. I had a long around 4, and now it’s at 4.8—cashed in 20%#多空爽吃
Severe overselling, so what? The falling knife—we wait for it to hit the ground, stabilize, and show lower volume, that’s my entry signal.
You know, in crypto, the number of people who can survive a one-sided downtrend is way fewer than those who double their money in a bull market.
With LAB this time, I don’t have any flashy trades to boast about; I just had a bit more respect and a lot less greed than most. You need to understand: not getting liquidated is more important than anything else. #Survival is key.