1. Opening: When luck shines brighter than skill
Last night's market performance can be described as a form of performance art. As I stared at the PTB's candlestick chart repeatedly hovering around 0.0032, hanging an order was less about careful consideration and more of a 'polite probe' into the market. After all, with the support of the atomic swap protocol and the effects of the alliance, this new coin will either remain silent until it reaches zero or take off in an instant.
As a result, two hours later, the price surged vertically to 0.006 as if it had been abducted by aliens. My first reaction was not joy, but suspicion that my phone had a virus. It wasn't until the profit notification popped up with 180,000 U that I confirmed I wasn't seeing things. And the second time I bought back at 0.005, I was too lazy to set an alarm and just went straight to sleep. After all, in the crypto world, sleep quality is a better measure of mindset than monitoring the market.
2. Climax: The market is an 'emotional juicer'
The madness of PTB is not an isolated case. Its 90-degree surge, -1.19% astonishing funding rate, and signs of exchanges working together to squeeze shorts resemble the script of the former Alpaca coin. But what truly chilled me was the bearish candle that plunged to 0.0029 in the dead of night. If you shorted at that time, you might instantly experience 'account evaporation'; but if you, like me, reversed to short and set a stop-loss, you could instead seize a profit of 950,000 U.
Here is a cruel truth: 90% of the stories of windfalls are victories of risk management rather than precise predictions. While the atomic swap protocol of PTB is certainly a technical highlight, the driving force comes more from the concentration of chips and market sentiment resonance. When retail investors crazily chase prices due to FOMO (fear of missing out), whales can create a bloodbath with just a gentle push, resulting in a double kill of longs and shorts.
3. Key takeaways: How to survive in a volatile market?
Reject 'slope worship', beware of 90-degree surges
The vertical rise of PTB is certainly tempting, but healthy trends often progress steadily at a 45-degree angle (like the slope in the 2-3 o'clock direction). Once there is an almost vertical surge, immediately check the funding rates and the concentration of positions on exchanges; excessive negative funding rate significantly increases the risk of a short squeeze.
Atomic swap protocol ≠ amulet
Technological innovation is the foundation of long-term value, but short-term prices can be completely manipulated by capital. Although the atomic swap protocol of PTB can improve trading efficiency, if liquidity is insufficient or a 'joint manipulation' occurs after listing on exchanges, the technological advantage may instead become a pretext for harvesting retail investors.
Stop-loss is the 'seatbelt for space travel'
In my two trades (0.006 profit-taking, 0.007 short reversal), I set strict stop-losses. Especially in the highly volatile new coin trades, the stop-loss line is a lifeline; otherwise, a single bearish candle can turn profits into bankruptcy.
Cold wallets are the final destination of profits
After the funds arrived at dawn, I immediately transferred 1,000,000 U into a cold wallet. The exchange is merely a battlefield, not a safe; the wealth that truly belongs to you must leave the hot wallet that could collapse at any time.
4. Conclusion: The market always rewards the 'madmen who reach out first'
Someone asked me why I dare to jump around on PTB repeatedly. My answer is simple: the crypto world observes from different perspectives but punishes unprepared adventurers. Today's PTB script will eventually pass, but tomorrow there will be new SOMI rebounds and new Ethereum false breakout traps.
If you also want to survive in the market, remember:
Test with 10% of your position, spend 90% of your energy on research;
Attribute every windfall to risk management, not talent;
Even if you're on a rocket, don't forget to maintain a calm mind when heading to the bathroom.
Follow me@加密崎哥 #加密市场观察 $BTC $ETH
