After observing MYX, COAI, LIGHT, and similar coins, the surface glamour hides deep waters.
Liquidity looks good, and price fluctuations are fierce, but such scenarios are mostly artificially designed. Small amounts in large orders can crash or pump the price; when the FOMO atmosphere rises, trend-following investors rush in. The problem is—when the price starts to drop, the order book thins out immediately, buy orders can't hold, and retail investors get stuck at high levels.
The recent operations of LIGHT are very typical: a sudden crash in the early morning caught the bulls off guard. This kind of tactic is not news in the small coin circle. Most people can't make money here; the cycles are short, and the volatility is sharp, with going to zero being the usual script. Only those who position themselves in advance or successfully offload to retail investors can escape.
Currently, the altcoin market has not stabilized, so don't rush to go all in. At the moment, pay attention to $XPIN , $NIGHT , $BEAT for these directions, and wait for clearer signals before taking action.
