TODAY’S #1 GAINER. TOMORROW’S #1 LOSER?
We have seen this movie before.
$TUT was recently one of the market’s hottest pumps. Today it is sitting at -45.65%.
But there is an important lesson: I did NOT short TUT during the vertical phase. Its derivatives structure showed unusual volatility and an extreme imbalance. The eventual collapse does not mean an early short was correct.
$BONK taught the opposite lesson: a vertical pump can keep extending long enough to destroy traders who short simply because “it went too high.”
Now today’s #1 gainer is $EDEN at +66.08%.
Will it follow the same path?
I don’t know — and that is exactly the trade.
I would watch:
• OI expanding or diverging
• funding and trapped shorts
• whale flow
• failed higher highs
• 15m/30m momentum
• loss of structure after the FOMO peak
The opportunity is not predicting the exact top.
It is recognizing when momentum turns into distribution.
$BONK punished premature shorts.
$TUT eventually drained violently.
Now $EDEN enters the observation list.
Trade the structure. Not the leaderboard.
We have seen this movie before.
$TUT was recently one of the market’s hottest pumps. Today it is sitting at -45.65%.
But there is an important lesson: I did NOT short TUT during the vertical phase. Its derivatives structure showed unusual volatility and an extreme imbalance. The eventual collapse does not mean an early short was correct.
$BONK taught the opposite lesson: a vertical pump can keep extending long enough to destroy traders who short simply because “it went too high.”
Now today’s #1 gainer is $EDEN at +66.08%.
Will it follow the same path?
I don’t know — and that is exactly the trade.
I would watch:
• OI expanding or diverging
• funding and trapped shorts
• whale flow
• failed higher highs
• 15m/30m momentum
• loss of structure after the FOMO peak
The opportunity is not predicting the exact top.
It is recognizing when momentum turns into distribution.
$BONK punished premature shorts.
$TUT eventually drained violently.
Now $EDEN enters the observation list.
Trade the structure. Not the leaderboard.