Currently, the index has reached around 93k, which indeed constitutes a quite obvious resistance zone.



Observing recent trading trends reveals an interesting phenomenon: whenever MEME coins rise, the market is filled with various faith-based calls. Frankly, the rise of large-cap MEME coins is often not the end but an opportunity for early traders to offload. This is a common market pattern.

The easiest trap to fall into is the self-affirmation mentality—feeling the need to prove how optimistic you are about a certain coin with your profits. Once this emotion takes hold, it can easily turn into being trapped. A truly rational approach is actually more cold-blooded: seize the opportunity to take profits, lock in real gains, and secure your position—that is the essence of trading.

Psychological studies show that people tend to overestimate their judgment, especially when they are making profits. By the time they realize it, they are often deeply trapped. Ask yourself: are you trading, or gambling and convincing yourself?

Keep control of the rhythm, and know when to stop.
MEME-3.26%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
HodlKumamonvip
· 1h ago
93k, this threshold is really tough. Every time MEME takes off, I start watching the show. Those who are shouting are ultimately cutting their losses. I've seen too many cases of self-justification leading to a psychological crash. The data is right here—profits should be taken, this is trading, not gambling. Really, ask yourself whether you're trading or being driven by emotions. Usually, that's when you wake up.
View OriginalReply0
GamefiGreenievip
· 01-05 09:24
93k this position is basically a cash machine for big players, retail investors are still shouting about faith Here we go again, when MEME rises, it's all rookies rushing in, losing everything in their pants It's called trading, but really it's gambling and self-deception. I am the living proof of the opposite This time I learned to be smart, take profits and run, don't wait to be caught holding long-term Psychology really hits hard; it's easiest to get inflated when profitable, and by the time you wake up, it's already hopeless to break even 93k with such high pressure still daring to buy in, you're either a brave warrior or a fool Really, watching friends around me get their MEME coins cut, I am increasingly convinced that timely profit-taking is the way to go
View OriginalReply0
GasGuruvip
· 01-05 09:14
93k, this hurdle, should have been escaped long ago Every time MEME gets popular, it's all faith on the screen, hilarious, they're just here to take over Honestly, it's greed, trying to prove you're worth that little profit, but end up getting trapped Cash out and be safe, how difficult is that
View OriginalReply0
SandwichTradervip
· 01-05 09:12
At the 93k level, the old tricks of the MEME hype are back again, really getting tired of it. Proving oneself through profit margins is the easiest way to get played out. Take the profit and leave, don't wait until you're trapped to regret it. Honestly, trading is still gambling; you need to distinguish between the two.
View OriginalReply0
SelfRuggervip
· 01-05 09:07
93k, I've been over this hurdle for a long time Once it memes, a bunch of followers appear, classic prelude to cutting leeks What sounds nice is trading, but it's actually gambling and self-indulgence I've already run away, really It's a bit heartbreaking to see people still shouting Take profits when you can, don't wait until you're deeply trapped and regret it
View OriginalReply0
ruggedSoBadLMAOvip
· 01-05 08:59
93k, don't hesitate when it's time to sell That's right, once MEME takes off, there are a bunch of believers, but in the end, they're just the chopped leeks I just want to ask, are you really trading or just brainwashing yourself? Secure the profits, that's the way to go. Don't tell me about faith
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt