In fact, this round of market movement has long shown signs. Some time ago, there were indications of a rally, and I also followed the trend to position myself accordingly, but I still got caught in the main force's tricks.
Looking at this process, it's very typical——first testing at the contract's historical lows, shaking out all the retail traders who went long. After confirming the bottom, they directly surged nearly 400%. The market looked quite exciting, but retail traders had already been washed out, watching their accounts with nothing they could do but stare in disbelief.
Even more ruthless, after reaching a high, they quickly dumped the market in one go. The 24-hour liquidation data skyrocketed to $30 million, which is a classic scene of harvesting. Large funds used this combo move skillfully, trapping retail traders completely.
This wave of market movement has basically completed the entire cycle by now, and looking back, it's a complete lesson in how to cut leeks.
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notSatoshi1971
· 16h ago
Got tricked again. Why am I always so slow to realize?
In fact, this round of market movement has long shown signs. Some time ago, there were indications of a rally, and I also followed the trend to position myself accordingly, but I still got caught in the main force's tricks.
Looking at this process, it's very typical——first testing at the contract's historical lows, shaking out all the retail traders who went long. After confirming the bottom, they directly surged nearly 400%. The market looked quite exciting, but retail traders had already been washed out, watching their accounts with nothing they could do but stare in disbelief.
Even more ruthless, after reaching a high, they quickly dumped the market in one go. The 24-hour liquidation data skyrocketed to $30 million, which is a classic scene of harvesting. Large funds used this combo move skillfully, trapping retail traders completely.
This wave of market movement has basically completed the entire cycle by now, and looking back, it's a complete lesson in how to cut leeks.