The time has come to disclose my positions.
I calculated for the whole afternoon and almost ended up crying from doing the math. WIF🐶🐶🐶 is now at $0.1529. I entered at around $0.45 back then. You do the math for the unrealized loss ratio—I’m afraid if I say it out loud it’ll scare the new folks. I’ve got a 600u position; I don’t even want to open the app to check what it’s worth. Anyway, it’s less than one-third.
It’s over. Really over—like, completely done for.
PEPE🐸🐸🐸, on the other hand, is still doing okay today, up +3.66%. My 40% allocation finally isn’t all green across the board. I feel like I can finally breathe and take a little profit. DOGE🐕🐕🐕 is also slightly up +0.37%, hovering around $0.0725. The $0.098 order I had placed earlier now looks like I was overestimating—it probably won’t reach that price. But it also hasn’t dropped that far. You all know what I mean—this “not up, not down” situation is the most torturous.
Here’s something interesting: DOGE🐕🐕🐕’s funding rate is +0.0082%, higher than BTC’s +0.0058%. The OI/MC is already at 9.29%. Isn’t a meme coin’s position size almost reaching one-tenth of the market cap?? What are these derivatives traders even betting on? DOGE’s price today only moved by a few tenths of a percent, but the OI is 1.05 billion USD. I only play spot, but looking at this data is just unreal.
Earlier I said I’d kept 10%, about 190u worth of USDT ammo, to do a two-step dip-buy. For the first step, that DOGE order at 0.098—I’m planning to cancel it. It’s not realistic. Now I’m thinking: should I just throw all 190u into PEPE🐸🐸🐸? The reason is that its OI/MC is 13.49%, even more outrageous than DOGE’s, but the funding rate is only +0.0018%, which is very low. That suggests the spot market is buying, not that leveraged longs are propping it up. The last PEPE trade that gave me 2.4x returns was entered during this kind of quiet accumulation phase.
But I’m still stuck between greed 28 and the fear zone. I’m afraid of impulsively charging in. So I’ll ask you all a sincere question: should I go all-in on PEPE with the full 190u, or keep it and wait for WIF🐶🐶🐶 to stick another needle in? Give me a reason—don’t just respond with “one” and “two.”
I calculated for the whole afternoon and almost ended up crying from doing the math. WIF🐶🐶🐶 is now at $0.1529. I entered at around $0.45 back then. You do the math for the unrealized loss ratio—I’m afraid if I say it out loud it’ll scare the new folks. I’ve got a 600u position; I don’t even want to open the app to check what it’s worth. Anyway, it’s less than one-third.
It’s over. Really over—like, completely done for.
PEPE🐸🐸🐸, on the other hand, is still doing okay today, up +3.66%. My 40% allocation finally isn’t all green across the board. I feel like I can finally breathe and take a little profit. DOGE🐕🐕🐕 is also slightly up +0.37%, hovering around $0.0725. The $0.098 order I had placed earlier now looks like I was overestimating—it probably won’t reach that price. But it also hasn’t dropped that far. You all know what I mean—this “not up, not down” situation is the most torturous.
Here’s something interesting: DOGE🐕🐕🐕’s funding rate is +0.0082%, higher than BTC’s +0.0058%. The OI/MC is already at 9.29%. Isn’t a meme coin’s position size almost reaching one-tenth of the market cap?? What are these derivatives traders even betting on? DOGE’s price today only moved by a few tenths of a percent, but the OI is 1.05 billion USD. I only play spot, but looking at this data is just unreal.
Earlier I said I’d kept 10%, about 190u worth of USDT ammo, to do a two-step dip-buy. For the first step, that DOGE order at 0.098—I’m planning to cancel it. It’s not realistic. Now I’m thinking: should I just throw all 190u into PEPE🐸🐸🐸? The reason is that its OI/MC is 13.49%, even more outrageous than DOGE’s, but the funding rate is only +0.0018%, which is very low. That suggests the spot market is buying, not that leveraged longs are propping it up. The last PEPE trade that gave me 2.4x returns was entered during this kind of quiet accumulation phase.
But I’m still stuck between greed 28 and the fear zone. I’m afraid of impulsively charging in. So I’ll ask you all a sincere question: should I go all-in on PEPE with the full 190u, or keep it and wait for WIF🐶🐶🐶 to stick another needle in? Give me a reason—don’t just respond with “one” and “two.”