$CHIP Nowadays, a lot of folks are into meme coins and love to keep an eye on the open interest, thinking that a big number means more opportunities. But if you take a closer look, you'll realize that a significant portion of that OI is actually created by market makers themselves, shuffling tokens between hands to create a false impression. The goal is to lure you into the game. True liquidity shows up during consolidation; when there's consolidation, it means there's turnover—some people are getting in while others are getting out, and that's when the tokens are really moving. On the flip side, once we break out into a long one-sided trend, that turnover disappears. Those already in are stuck, and those who haven't jumped in are too scared to do so. Every day, you just watch the market makers entertain themselves, unable to push the price up or down. So when will it drop? It'll drop when the short positions have been mostly liquidated, and the market makers distribute a few more waves of tokens, draining the last bit of buying power. At that point, the reason for the drop is simple—everyone who wanted to buy has already bought, and everyone who wanted to sell has already sold. With no one left to play, the price will naturally decline. $RAVE
I accidentally bought $H and $TAKE . How did I pick them? I just flipped through the coins on the gainers list, around the 10th to 20th spots. When a coin shows some gains, the big money chases after it, pushing you into the top five or ten. The key is to think about who your competitors are today; this wave of buying isn't mostly driven by market makers but rather by those retail traders who missed out and are rushing in, afraid they’ll miss the boat. So if you want to make money, either start from the latter positions on the gainers list, targeting coins that are just starting and haven't been noticed yet, or don't play at all. Chasing the front runners is likely to make you a bag holder. Keep your hands steady, don’t get too hyped. #山寨币复苏?
$CHIP We're waiting for a consolidation right now; it's still in a sharp drop. After a sharp decline, the sellers usually decrease, while buyers start to show up, leading to a consolidation phase. After this consolidation, a direction will emerge. So, at this point, buying presents a bigger opportunity since both getting trapped and pump scenarios tend to happen more quickly.
This round has seasoned traders feeling desperate, and it's not the dip that's causing the anxiety, but the lack of positions to scoop up the lows. They're like ants on a hot skillet, running around frantically! $BTC #孙宇晨起诉World Liberty Financial
$BEAT definitely has the makings of a king; once it breaks resistance, it's a straight shot to the moon. I'm already daydreaming about the potential gains!
老李财经
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Bullish
I'm currently long on this $BEAT , it's performing well, the washout period has been long enough, open interest is still there, and I feel there's more room to grow.
I told my people to buy $RIVER , of course, it's for myself too. I'm just bored and want to prove I'm a big shot. When it pumps to $10 or even $20, I can flex without saying a word and soak up the recognition from others. They'll definitely remember I once told them to buy in. 😭
$BAS Mimicking strategies can be useful! Shorting until dawn.
老李财经
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Bearish
I've noticed that the whale behind $BAS loves to draw these big bullish and bearish candlesticks, constantly harvesting the weak hands. Today's action hasn't finished dropping yet; should I mimic the pattern and go for a short position? {future}(BASUSDT)
I'm currently long on this $BEAT , it's performing well, the washout period has been long enough, open interest is still there, and I feel there's more room to grow.
$BTC When the price pumps, everyone screams bull run, but I think it's not that simple. From the perspective of the retail traders (韭菜), a pump means a bull run, but from the perspective of the big players (主力), to kick off a real rally, there needs to be sufficient volume swapping and accumulation beforehand. Right now, we don't have those two things lined up. So, I won't go all in bullish, and I'm not rushing to join the longs. Some say, what if suddenly a good news hits and the market starts to rally across the board? Honestly, the odds of that happening are extremely low, so low it’s negligible. The market is controlled by the whales (庄家) and big players (主力); if the whales haven’t accumulated enough positions, it’s impossible for them to lift the retail traders (散户) and let them profit. So my current strategy is to short at resistance levels. It might not drop quickly in the short term; we could see another pump, a false breakout, so I'm going to keep my eyes peeled and not make any hasty moves. I’ll wait for the structure to play out before making any decisions.
I've noticed that the whale behind $BAS loves to draw these big bullish and bearish candlesticks, constantly harvesting the weak hands. Today's action hasn't finished dropping yet; should I mimic the pattern and go for a short position?
$GIGGLE At the current price level, considering the current market value of over thirty million, it is clearly in the undervalued range, and can be considered a low point. Going forward, it may rise in tandem with $币安人生 . The public welfare theme itself has room for continuous speculation, and coupled with the platform's ability to support projects through methods such as fee discounts, the trend is easily controlled by capital. From a long-term perspective, the potential is still there! #山寨币复苏?
Saw a scam coin! $CHIP The pre-market contract on the 16th, tags: DeFi, stablecoin protocol, AI, raised 13 million, current market value 120 million Looks impressive, but look at the investors...
Saw a scam coin! $CHIP The pre-market contract on the 16th, tags: DeFi, stablecoin protocol, AI, raised 13 million, current market value 120 million Looks impressive, but look at the investors...