CELR is up 76%.
Most people feel tempted the moment they see +76%—right when market makers are starting to sell off.
Today it dipped as low as 0.0023 and then was pushed up to 0.0052, a 123% intraday range, but trading volume was only 2.58 million USDT—liquidity is thin. With a small amount of capital, you can still drive up the price, and when it’s time to exit, there may not be buyers on the other side.
FR -0.8727%. Shorts are the ones paying. A tightly packed powder keg—one spark and it blows.
My take: don’t chase. I’m already down 21% from the high point. The squeeze signal has been confirmed, but the profit is already taken.
I’ve seen too many of this kind of market.
If you’re going to watch it: if FR returns within -0.05% = the squeeze is over = don’t go long.
🌿 Zhao Xingbu Xuan | Not advice
#CELR #Perpetual contract trading
Will you follow this unusual move? Comment with your take
Most people feel tempted the moment they see +76%—right when market makers are starting to sell off.
Today it dipped as low as 0.0023 and then was pushed up to 0.0052, a 123% intraday range, but trading volume was only 2.58 million USDT—liquidity is thin. With a small amount of capital, you can still drive up the price, and when it’s time to exit, there may not be buyers on the other side.
FR -0.8727%. Shorts are the ones paying. A tightly packed powder keg—one spark and it blows.
My take: don’t chase. I’m already down 21% from the high point. The squeeze signal has been confirmed, but the profit is already taken.
I’ve seen too many of this kind of market.
If you’re going to watch it: if FR returns within -0.05% = the squeeze is over = don’t go long.
🌿 Zhao Xingbu Xuan | Not advice
#CELR #Perpetual contract trading
Will you follow this unusual move? Comment with your take