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Last night's aster was really a disaster😅 Wadasi was treated like a Japanese person.
Stand straight and analyze the situation:
The logic that was copied in at the beginning
1. The airdrop is almost finished, and they are also buying back.
2. The long-term strategic goal is to engage with hyperliquid.
3. The Shandong study trained by playing BSC memes is waiting for a mention, only planning to take a wave and then profit. I bought at around 0.9 and sold at 1.2 last time. Looking at the chart, it seems to be testing the bottom, so I came down to the old position and bought again.
There was originally no bottom in the world, but as more people copied, a bottom was created.
Some points that should not be copied in at that time:
1. Did not fully understand Shandong study
The essence of Shandong learning lies in adding flowers to the brocade, rather than providing charcoal in the snow. There is no Shandong learning in the downward market; if Shandong learning calls, it will definitely cooperate with the market makers. It is rumored that yesterday's market had a change in market makers.
2. There are too many bullish calls, which can lead to a false sense of optimism. It would be better to wait a bit to see how the buying pressure is being digested; the timing is not well grasped.
3. The market is falling, and there will be a certain lag and window period for the secondary market to bottom out. As I said, it's better to wait a little longer and see.
Before sleeping, there was no obvious stop-loss action on the chart. The stop-loss was triggered, and I placed an order around 0.8, also placed another around 0.7. The drop was really severe, and I actually got filled at around 0.8 😂
Personal review only, not representative of any organization or institution.