Hey guys, who remembers the LIGHT from a few days ago? Looking at that chart makes my heart want to jump out!
It was all calm and quiet, from the beginning of November to mid-December, it just lingered around the 1-2 dollar mark, nothing special. Only those who were very patient could hold on. Then suddenly, on December 18-19, oh my, it made a vertical leap! From 1 dollar to over 4 dollars in the blink of an eye. Isn't that delicious? Surely many people at that time found it so tempting, they jumped in to cash out, thinking they had changed their lives.
But life isn't like a dream! On the 20th of December, after hitting the peak, LIGHT made a shocking turnaround! It dropped straight down, wiping out all gains in just a few hours, returning almost to the starting point, or even lower. Looking at those bright red candles is terrifying, and the funding rate is also negative. This shows the selling pressure is incredibly strong, and the shorts are celebrating wildly.
The hard lesson is right here! These shock growth stocks, when they rise, they rise significantly, and when they fall, they fall just as hard. Small market caps are easy to manipulate. Those who bought at the peak must be 'turning off the lights' now. Be careful, it might be too late!
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