$AKE Short trade log: Logic for entering at 0.0083 and exiting at 0.0066
Shorting rationale:
1. At the time, market sentiment was already bearish. There were noticeably more shorts than longs, so the price was naturally prone to move downward. Then once the price broke below a key level, it immediately blew up those short-term long traders who had chased the price up—their stop-loss orders got triggered, sell orders suddenly flooded in, and the price dropped like a plunge.
2. On-chain, you can see an early-cost address with extremely low cost continuously distributing/disposing of coins. It sells like an assembly line, and it has accumulated more than $100,000 in cash-outs. This kind of selling pressure is especially obvious when liquidity is insufficient.
3. Actually, for this kind of low market-cap coin, it was previously pumped by market makers by dozens of times. The supply/chips were concentrated in the hands of just a few people. After the pump, it follows the typical playbook of dumping to exit—so big volatility is totally normal.
No direction? Enter the chatroom—share strategies every day
#台股TAIEX受芯片股带动重返46500点 #Okta与CrowdStrike财报超预期大涨
Shorting rationale:
1. At the time, market sentiment was already bearish. There were noticeably more shorts than longs, so the price was naturally prone to move downward. Then once the price broke below a key level, it immediately blew up those short-term long traders who had chased the price up—their stop-loss orders got triggered, sell orders suddenly flooded in, and the price dropped like a plunge.
2. On-chain, you can see an early-cost address with extremely low cost continuously distributing/disposing of coins. It sells like an assembly line, and it has accumulated more than $100,000 in cash-outs. This kind of selling pressure is especially obvious when liquidity is insufficient.
3. Actually, for this kind of low market-cap coin, it was previously pumped by market makers by dozens of times. The supply/chips were concentrated in the hands of just a few people. After the pump, it follows the typical playbook of dumping to exit—so big volatility is totally normal.
No direction? Enter the chatroom—share strategies every day
#台股TAIEX受芯片股带动重返46500点 #Okta与CrowdStrike财报超预期大涨
