Actually DEXE
When Brother Yu started paying attention to shorting
It wasn’t the absolute peak, but it was already basically the top
The spike yesterday afternoon was the last defiant flare of a dying candle—unfortunately the shorts still didn’t get held, otherwise the living expenses for July and August would’ve been more than enough!
But honestly, I didn’t expect it to be this ruthless—straight down by 10 times
Yesterday
when DEXE collapsed, the BANK
also followed down
As for tracking these altcoin contracts, Brother Yu says a few points
It’s best if there’s some good news or catalysts; actually, for now it’s mainly just a few MM teams working the market—put simply, it’s about accumulating connections and manpower
When you’re free, go scroll through and take a look more often, and keep an eye on some trading volume
Large-holder position ratio, long/short position ratio
Check whether there are any obvious changes in volume
Candlestick patterns are also an important factor
When playing this kind of contract, you must use low leverage and a small position size. If you get trapped, absolutely do not add more margin
Keep a good mindset. For these small-cap altcoin contracts, they’re essentially another form of “tu dog” (trap/shady play)
When Brother Yu started paying attention to shorting
It wasn’t the absolute peak, but it was already basically the top
The spike yesterday afternoon was the last defiant flare of a dying candle—unfortunately the shorts still didn’t get held, otherwise the living expenses for July and August would’ve been more than enough!
But honestly, I didn’t expect it to be this ruthless—straight down by 10 times
Yesterday
when DEXE collapsed, the BANK
also followed down
As for tracking these altcoin contracts, Brother Yu says a few points
It’s best if there’s some good news or catalysts; actually, for now it’s mainly just a few MM teams working the market—put simply, it’s about accumulating connections and manpower
When you’re free, go scroll through and take a look more often, and keep an eye on some trading volume
Large-holder position ratio, long/short position ratio
Check whether there are any obvious changes in volume
Candlestick patterns are also an important factor
When playing this kind of contract, you must use low leverage and a small position size. If you get trapped, absolutely do not add more margin
Keep a good mindset. For these small-cap altcoin contracts, they’re essentially another form of “tu dog” (trap/shady play)