💥Sometimes, when I watch these Chinese memes slowly and relentlessly bleed down along the way, I can’t help but wonder—could zeroing out really be their inescapable final fate?
Brothers, as a newly listed meme, $哈基米 has absolutely no real business fundamentals to support it. Any rise is entirely propped up by market sentiment. Now the hype around the whole Chinese meme sector is cooling off fast, so it’s basically impossible to replicate the kind of crazy行情 from when it first launched—where you could just pull it a few times and it would run wild. What’s more, it previously jumped 42,000% on-chain. A huge amount of early-positioned capital is already waiting to cash out. The moment it went live on Binance, it was basically the project team and early funds collectively distributing (offloading) at the open—specifically waiting for retail FOMO buyers to come in and take the bag!
Right now, the funding rate is still tilted toward longs. If you go short, you don’t just profit from the price decline—you can also “lie down” and collect the funding rate that longs are paying you every day. It’s like earning money twice 🥳
Today’s intraday trading idea doesn’t need any adjustment at all. Just stay firmly bearish. The aggressive camp: at the current price of 0.0468, directly chase a short. The more conservative camp: wait for a bounce into the 0.055–0.06 range, then set up short positions. The target—wherever it drops to, that’s where you take profits!
【The above views are for personal reference only and do not constitute investment advice】
#Hakimi continues to break below new lows
Brothers, as a newly listed meme, $哈基米 has absolutely no real business fundamentals to support it. Any rise is entirely propped up by market sentiment. Now the hype around the whole Chinese meme sector is cooling off fast, so it’s basically impossible to replicate the kind of crazy行情 from when it first launched—where you could just pull it a few times and it would run wild. What’s more, it previously jumped 42,000% on-chain. A huge amount of early-positioned capital is already waiting to cash out. The moment it went live on Binance, it was basically the project team and early funds collectively distributing (offloading) at the open—specifically waiting for retail FOMO buyers to come in and take the bag!
Right now, the funding rate is still tilted toward longs. If you go short, you don’t just profit from the price decline—you can also “lie down” and collect the funding rate that longs are paying you every day. It’s like earning money twice 🥳
Today’s intraday trading idea doesn’t need any adjustment at all. Just stay firmly bearish. The aggressive camp: at the current price of 0.0468, directly chase a short. The more conservative camp: wait for a bounce into the 0.055–0.06 range, then set up short positions. The target—wherever it drops to, that’s where you take profits!
【The above views are for personal reference only and do not constitute investment advice】
#Hakimi continues to break below new lows
