Many coins have dropped sharply after being listed on Binance. For example, $ALLO (taking this as an example, without holding position). For retail investors, being listed on Binance is also one of the factors for buying reference, which stems from trust in Binance. However, this obvious behavior of treating Binance as the last stop for liquidity has greatly harmed Binance users. As this situation becomes more prevalent, the level of trust in Binance diminishes. For an exchange, users are the core; although Binance cannot control the price of coins, for those with obvious intentions and extreme actions, I think the authorities need to intervene to avoid greater damage to the exchange's reputation. People have now developed the habit of selling immediately after listing, and perhaps the current problem is not significant, as Binance, under its leadership, has a massive user base. However, this unhealthy trend, once it forms a climate and continues, leads to a very terrifying vicious cycle. Truly dedicated project teams may hesitate to list on Binance, and if this continues, Binance's decline can be foreseen. @Yi He
$1000LUNC slashed ten times Brothers who short should run, don't be greedy. If the short positions accumulate, he will strike again. Let him go for the long positions. Better to play solo 🫣
$1000LUNC Can we reach the other side of the river from this position? It's been so tough today. If you keep going up, I will really be impressed. 😤😤😤😤😤😤
$SKYAI The top space has not been flat yet, looking at the rebound trend, I have trapped a few hands of sky lock, this is the most profitable one, currently all long positions have been closed
Cc J
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Bearish
After a day of working hard, I'm exhausted This thing is still very profitable Recover, recover
$BTC may soon face a massive short squeeze leading to short liquidations along the path. This may result in a short-term significant surge. It could be 8.8w, and it's also possible to completely offset the entire decline.
$MERL Just woke up, watched for a long time, pushing through the rate. Trying the flavor, sitting and waiting for the rate to stabilize, wherever it comes from, send me back there. 😳