Friends who make meme coins suddenly became lively in the forum last night. I, instead, went to check out $Lobster first.
I’m biased toward being short.
Today it can rush into the top ranks of the contract gainers not because it suddenly grew fundamental strength, but because the emotions among its peers are resonating—funds just happened to look for a lighter, easier-to-ignite pick. In the past 24 hours, contract trading volume has already reached $31.04 million; the spot side isn’t as wildly hot. I’ve seen this kind of move too many times: the noise is loud, but the handoff may not be stable.
The funding rate is already +0.0421%, which means the people chasing longs are paying extra to secure their spots. Open interest has also topped 617 million coins, while the price is only around 0.0389. What’s the biggest risk with this setup? The biggest fear is that there won’t be new money coming in to keep pushing—then the people who rushed in earlier will end up stepping on each other.
I’ll admit one thing: when these emotion-driven coins go crazy, the ones who short them often get educated first. I’ve been burned by this before.
But if you ask me whether I’m touching $Lobster right now, I can’t even be bothered to open a contract. You think this is the start of a sector rotation, or that the emotional momentum is already close to topping out?
$Lobster #加密货币 #BinanceSquare
The market is changing—what’s true today may not hold for tomorrow.
I’m biased toward being short.
Today it can rush into the top ranks of the contract gainers not because it suddenly grew fundamental strength, but because the emotions among its peers are resonating—funds just happened to look for a lighter, easier-to-ignite pick. In the past 24 hours, contract trading volume has already reached $31.04 million; the spot side isn’t as wildly hot. I’ve seen this kind of move too many times: the noise is loud, but the handoff may not be stable.
The funding rate is already +0.0421%, which means the people chasing longs are paying extra to secure their spots. Open interest has also topped 617 million coins, while the price is only around 0.0389. What’s the biggest risk with this setup? The biggest fear is that there won’t be new money coming in to keep pushing—then the people who rushed in earlier will end up stepping on each other.
I’ll admit one thing: when these emotion-driven coins go crazy, the ones who short them often get educated first. I’ve been burned by this before.
But if you ask me whether I’m touching $Lobster right now, I can’t even be bothered to open a contract. You think this is the start of a sector rotation, or that the emotional momentum is already close to topping out?
$Lobster #加密货币 #BinanceSquare
The market is changing—what’s true today may not hold for tomorrow.