The coin that crashed 70% is actually safer than the one that surged 70%
You didn’t read it wrong. Today $PORTAL was violently pumped up by 72%, while coins like PHB and NFP got slashed straight in half, then halved again. I think people who keep catching falling coins should be careful.
With PORTAL, the trading volume is 28M, and the pump force is definitely strong. But sudden explosive rallies with no news catalyst—I’ve seen this too many times. The market makers are self-performing, and once you chase in, they start dumping. I didn’t board near 0.019; looks like I was right. At this kind of position, even setting a stop-loss is hard—you can’t really find a place to put it.
On the other hand, those coins that have crashed: their trading volume is only a few million dollars. That liquidity can’t absorb sell pressure at all. A sell-off that brought out a 1.5M volume caused a 69% drop—this suggests the capital inside had already left long ago, and what’s left are retail traders stepping on each other.
$BTC is holding at 63400, and the funding rate is only 0.0084, which is still relatively normal. The market isn’t in overall panic.
My take: don’t rush to buy the crashed coins—there’s still a basement under the floor. And don’t chase pumps like PORTAL. Chasing in is basically giving money to the market makers.
Did you get caught in today’s traps?
#Write2Earn #Crypto
⚠️ Personal opinion only, not investment advice.
You didn’t read it wrong. Today $PORTAL was violently pumped up by 72%, while coins like PHB and NFP got slashed straight in half, then halved again. I think people who keep catching falling coins should be careful.
With PORTAL, the trading volume is 28M, and the pump force is definitely strong. But sudden explosive rallies with no news catalyst—I’ve seen this too many times. The market makers are self-performing, and once you chase in, they start dumping. I didn’t board near 0.019; looks like I was right. At this kind of position, even setting a stop-loss is hard—you can’t really find a place to put it.
On the other hand, those coins that have crashed: their trading volume is only a few million dollars. That liquidity can’t absorb sell pressure at all. A sell-off that brought out a 1.5M volume caused a 69% drop—this suggests the capital inside had already left long ago, and what’s left are retail traders stepping on each other.
$BTC is holding at 63400, and the funding rate is only 0.0084, which is still relatively normal. The market isn’t in overall panic.
My take: don’t rush to buy the crashed coins—there’s still a basement under the floor. And don’t chase pumps like PORTAL. Chasing in is basically giving money to the market makers.
Did you get caught in today’s traps?
#Write2Earn #Crypto
⚠️ Personal opinion only, not investment advice.