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Recently, many people have been talking about $FOGO , and I'd like to share my true observations during this time, without exaggeration or negativity, just personal feelings. The public blockchain space has really become overly competitive; every day you can see various 'next-generation public chains' and 'hundredfold potential,' but once you actually use them, you realize that most are just hype. The reason I am willing to take a closer look at Fogo is that it knows exactly what it wants to do—rather than creating an overly ambitious ecosystem, it focuses on optimizing the trading experience, specifically targeting high-frequency and low-latency transactions. For us ordinary traders, the most practical aspects are: no chain congestion, low fees, and the ability to trade normally when the market moves. In these respects, my experience on Fogo has indeed been more stable than many other chains, without the frustrating situations of orders getting stuck or gas fees wildly fluctuating. Looking at $FOGO itself, its performance post-launch has been relatively healthy, and the community leans more towards technical discussions and applications, rather than mindlessly calling out trades. In the current environment, projects that focus on solid work and avoid gimmicks are actually more likely to succeed in the long run. Of course, market risks cannot be guaranteed by anyone, and I won't rush in blindly. But at least among the current L1s, Fogo is one of the few projects that makes me feel it has real technology and a clear direction, worthy of long-term tracking. Investment decisions should still be made personally; the above is just my opinion and does not constitute advice.@Fogo Official #fogo $FOGO
The latest post in the square can get airdrop rewards, brothers hurry up to participate! If you don’t understand, you can ask me. It will take about 2 weeks, just post according to the requirements. Today I saw the performance of $FOGO on Binance and suddenly thought that many chains are shouting "high performance", but there are actually not many that can withstand high-frequency trading pressure. Fogo has aimed at institutional-level trading scenarios from the beginning, using an optimized SVM architecture to reduce latency to sub-millisecond levels, which makes people feel more at ease with this pragmatic technical route. @Fogo Official As an ordinary trader, I pay more attention to the stability of on-chain experience—so I won’t miss the market due to congestion, and I don’t have to worry about high gas fees. The launch of the $FOGO token has given me the opportunity to participate in this ecosystem, rather than just being a bystander. I hope Fogo can continue to refine the infrastructure, avoid superficiality, and truly use technology to solve industry pain points. #fogo $FOGO
Today, prioritize shorting. The short-term bias is bearish, and the probability of a downward fluctuation is the highest. Currently, there is basically no trading volume, and it is easiest for a low-volume rise to reverse sharply.
Positioning: Initial position 20% leverage 10x. If the direction is wrong, never increase the position. If the direction is right, consider adding 10% each time until fully invested. BTC
Short: Short at a rebound to 68800–69200 Stop loss: Above 69500, take profit at 67000
ETH
Short: Short at a rebound to 2,000–2,020, stop loss at 2055 Take profit at 1950
ETH Market Trend Analysis 2.12 ETH is oscillating near the resistance level of 1980. Although there are signs of stabilization in the short term, the trading volume is very weak, so its rise cannot be sustained. The volume and price can indicate our next trend. Short at around 1980, stop loss at 2000, take profit near 1920. If it breaks 2000 and is accompanied by increased volume, then the price will oscillate back to the 2000-2150 range. If the price breaks below 1880, then look for 1850 and 1800. We can take profit on half of our short position and leave the other half to continue running. $ETH
Thank you all for your support, and thanks to Dao Le for the donation. The live broadcast will continue to provide content and trading suggestions. See you tomorrow. Today's live broadcast strategy: $ETH short position 2005, take profit 1915 successful take profit short position 1945, take profit 1915 successful take profit
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On Binance, I encountered a tough player; in just 4 days, the account multiplied by 20 times. Is this the fall of a genius or the embodiment of a war god?