$SOPH project side didn’t just sell and take profits—it was basically grab-and-take, who gets it!! Yesterday the third wave I tried a long order at 0.145… but unfortunately I got stopped out.
The reason I ran an SOP with my fans for the whole day yesterday was because I saw that its spot listing went up on observation. The logic behind the coin on the observation list being pumped is, at that moment, the project team’s main priority is cashing out for profit. So I personally also placed a few long trades and followed the project team’s pace to trade on the right side.
What I didn’t expect was that Madam Min started to notice the project team showing signs of dumping. Even the funding fees turned negative, yet they didn’t pump it—clearly the market had flipped. The stop loss was a bit late, but once Madam Min saw the market change, she looked for a rebound and a good entry point to remind the fans to flip back in—only to cut a round by getting the liquidation/clearing move. We lost a bit on the funding fees—yeah, a little loss—but at least the loss was successfully recovered!!!
One look at the liquidation and you could tell the project team was aiming to kill both longs and shorts. Yesterday’s not-so-perfect thinking was still pretty nerve-wracking, but I have to say this “whale”/market maker had basically no staying power. After one pump, they just opened the floodgates 😅
The reason I ran an SOP with my fans for the whole day yesterday was because I saw that its spot listing went up on observation. The logic behind the coin on the observation list being pumped is, at that moment, the project team’s main priority is cashing out for profit. So I personally also placed a few long trades and followed the project team’s pace to trade on the right side.
What I didn’t expect was that Madam Min started to notice the project team showing signs of dumping. Even the funding fees turned negative, yet they didn’t pump it—clearly the market had flipped. The stop loss was a bit late, but once Madam Min saw the market change, she looked for a rebound and a good entry point to remind the fans to flip back in—only to cut a round by getting the liquidation/clearing move. We lost a bit on the funding fees—yeah, a little loss—but at least the loss was successfully recovered!!!
One look at the liquidation and you could tell the project team was aiming to kill both longs and shorts. Yesterday’s not-so-perfect thinking was still pretty nerve-wracking, but I have to say this “whale”/market maker had basically no staying power. After one pump, they just opened the floodgates 😅
