DATA's price action is enough to make my scalp tingle. It dropped 31 points in a single day, and the current price is $0.001, with trading volume only 112K USDT. According to Binance real-time data, this volume simply can’t absorb the sell pressure. It’s a classic low-volume drift lower, so don’t rush to buy the dip. The last time I tried catching this kind of falling knife, I nearly got my hand chopped off.
BURGER also fell 28 points to $0.017, and the altcoins are basically all lying flat. SCRT and OOKI are even worse, down 23% and 24% respectively, with liquidity almost completely drained. In this kind of market, the Fear and Greed Index is definitely hovering near rock bottom, but there’s a basement below the bottom, so don’t keep assuming it has already bottomed out.
I’m still holding a bit of a short position on FIRO and made a small profit, but I lost more on DATA yesterday, so overall I’m still down today. Honestly, in this kind of market, you just shouldn’t trade too frequently. If your hands get itchy, cut them off figuratively; staying flat is also part of position management.
On the U.S. stock side, the Nasdaq edged up 0.3%, which has basically no correlation with our altcoins, so don’t treat U.S. stocks like a lifesaving straw. Right now market sentiment is like a stone from a cesspit: filthy and stubborn. Any rebound is a chance to escape, not a signal to enter.
If you want to test the waters, click on $DATA or $SCRT and take a look at the order book, but remember: don’t let your position exceed 5% of your total capital, set your stop loss properly, and if you lose money, don’t blame me. In this kind of market, staying alive matters more than anything. Keeping
BURGER also fell 28 points to $0.017, and the altcoins are basically all lying flat. SCRT and OOKI are even worse, down 23% and 24% respectively, with liquidity almost completely drained. In this kind of market, the Fear and Greed Index is definitely hovering near rock bottom, but there’s a basement below the bottom, so don’t keep assuming it has already bottomed out.
I’m still holding a bit of a short position on FIRO and made a small profit, but I lost more on DATA yesterday, so overall I’m still down today. Honestly, in this kind of market, you just shouldn’t trade too frequently. If your hands get itchy, cut them off figuratively; staying flat is also part of position management.
On the U.S. stock side, the Nasdaq edged up 0.3%, which has basically no correlation with our altcoins, so don’t treat U.S. stocks like a lifesaving straw. Right now market sentiment is like a stone from a cesspit: filthy and stubborn. Any rebound is a chance to escape, not a signal to enter.
If you want to test the waters, click on $DATA or $SCRT and take a look at the order book, but remember: don’t let your position exceed 5% of your total capital, set your stop loss properly, and if you lose money, don’t blame me. In this kind of market, staying alive matters more than anything. Keeping
