Crypto friends, today the God of Wealth saw a shocking case: a whale chased the high on the day of the destruction proposal $UNI , and now has a floating loss of 580%, with a loss of nearly 2 million dollars! Follow the God of Wealth, and avoid the pitfalls that retail investors must definitely avoid!
News: The 'tragedy' of the whale is the best risk lesson
The most sensational is this whale. On November 11, when UNI released good news and the price surged, he opened a heavy long position around $8.5, and now the price is only $5.4, with losses close to 80%. This bloody fact tells us: never chase highs when good news is released and market sentiment is at its peak, as that is often a short-term peak. If the big players can't hold on, how can we retail investors?
Technical analysis: The bearish trend is 'nailed down'; don’t go against the trend.
In the 30-minute to 1-week cycle, it's all 'sell' or 'strong sell,' with bears completely in control.
The price is suppressed at a low level, continuously dropping from a high of 10 dollars without any decent rebound.
This indicates that the downtrend is very solid, and any rebound appears weak. Until there are clear signals of a trend reversal, being bearish is the only rational choice.
Daily sharing from Rui Shen. If it helps you, you can follow Rui Shen to get first-hand news and entry points in the chat room!
Rui Shen's perspective and strategy: Stay away from risks, protect your capital.
Rui Shen's viewpoint is very straightforward: It is not recommended to buy the dip for UNI in the short term; continue to be bearish. In a downtrend, the risk of catching falling knives far outweighs the rewards.
Advice on holding positions: Unless you are investing for the very long term, you should consider reducing positions during rebounds. Don’t be like that giant whale, unwilling to leave at first loss, resulting in being deeply trapped. Set a psychological stop-loss level; if it breaks, you need to accept it.
Advice for watching: At least wait for two signals: First, a clear stabilization pattern appears on the daily chart; Second, the price breaks through the key resistance level of 5.8 with volume. If neither signal appears, just watch.
Don’t envy others for 'buying the dip.' In a bear market, not losing money is already better than most people. Keep cash on hand and wait for the real big opportunity.
Crypto friends, the market is always cyclical: retail investors chase highs → get trapped → cut losses → rebound at the bottom. Which link do you want to be in? Learn to stay calm when others are crazy and look for opportunities when others are fearful; this is the key to long-term survival.
If you always feel one step behind the market, always 'buy and the price drops, sell and the price rises,' then I tell you, you're not lacking analysis; you lack a professional guide who can remind you in real-time that 'opportunity is coming' and 'run quickly'!
If you don't know how to time the market, you can follow Rui Shen; Rui Shen will analyze in real-time in the chat room and provide the best current entry points!! #加密市场观察
