$LSK AE Hey, did you peak yesterday and still feel strong today?
If you were able to maintain your strength after peaking yesterday, then there’s probably a good chance we’ll make it, right? With this price, it probably isn’t the final bottom yet. If the funding rates/striping are high, it has to fly to get liquidated and swept. The more forced closures keep increasing open positions, the more the market has to buy to repay the exchange—this vicious cycle keeps repeating. Meanwhile, liquidity is locked, so there are only so many coins available. Just keep trudging forward like this and it’s easy to reach $1 to $1.2. Slow and steady—but pretty certain. Every now and then doing those big leaps like “back 1, forward 3” is tough to handle. Long or short, you’d better take short-term moves for safety. Long-term swings won’t survive with it. Since liquidity is limited, a massive sell-off isn’t likely if the buying side can still absorb the sell volume. That’s when strong rebound momentum becomes more likely. Personally, I think we’ll reach 1 or 1.2 soon. Higher and higher lows, big volume, and a lot of capital flowing in continuously—how could it drop? Don’t panic and short it for pennies, brothers.
$LSK $SYN
If you were able to maintain your strength after peaking yesterday, then there’s probably a good chance we’ll make it, right? With this price, it probably isn’t the final bottom yet. If the funding rates/striping are high, it has to fly to get liquidated and swept. The more forced closures keep increasing open positions, the more the market has to buy to repay the exchange—this vicious cycle keeps repeating. Meanwhile, liquidity is locked, so there are only so many coins available. Just keep trudging forward like this and it’s easy to reach $1 to $1.2. Slow and steady—but pretty certain. Every now and then doing those big leaps like “back 1, forward 3” is tough to handle. Long or short, you’d better take short-term moves for safety. Long-term swings won’t survive with it. Since liquidity is limited, a massive sell-off isn’t likely if the buying side can still absorb the sell volume. That’s when strong rebound momentum becomes more likely. Personally, I think we’ll reach 1 or 1.2 soon. Higher and higher lows, big volume, and a lot of capital flowing in continuously—how could it drop? Don’t panic and short it for pennies, brothers.
$LSK $SYN
