NFP just got hammered down 65 points straight, current price is 0.002, with a 24h trading volume of 4 million USDT, according to Binance real-time data. This morning I watched it break below the previous low, so I put in a short; I entered around 0.004 and set my stop-loss at 0.0052. Turned out it kept cascading downward—I'm already out of most of the position around 0.0022, and I’m leaving the rest there to watch. Don’t rush to bottom-fish when it drops like this; volume hasn’t contracted—catching a falling knife can easily cut you.
CREAM, on the other hand, managed to rally 65% against the trend, but the trading volume is only 270k USDT. The float is too small, so I didn’t dare to take a heavy position. VIB and BETA also dropped by more than 60 points. Altcoins are splitting up way too violently right now—if you pick the wrong direction, it’s ICU. I also casually checked PYR; its走势 is relatively stable, and I didn’t end up getting wrecked along with it.
Before today’s Non-Farm Payroll (NFP) data, market sentiment has been pretty tight—gold has been hovering around 2360, the Nasdaq is slightly up, and everyone is waiting. My strategy is simple: with coins that dump like this on NFP, I only trade short bounces, not chase longs. If you want to follow along, just call $NFP or $CREAM to go into Binance and watch the order book—don’t get carried away.
I’ve lost money and made money too. Staying alive matters more than anything. The above is just my personal opinion and does not constitute investment advice.
CREAM, on the other hand, managed to rally 65% against the trend, but the trading volume is only 270k USDT. The float is too small, so I didn’t dare to take a heavy position. VIB and BETA also dropped by more than 60 points. Altcoins are splitting up way too violently right now—if you pick the wrong direction, it’s ICU. I also casually checked PYR; its走势 is relatively stable, and I didn’t end up getting wrecked along with it.
Before today’s Non-Farm Payroll (NFP) data, market sentiment has been pretty tight—gold has been hovering around 2360, the Nasdaq is slightly up, and everyone is waiting. My strategy is simple: with coins that dump like this on NFP, I only trade short bounces, not chase longs. If you want to follow along, just call $NFP or $CREAM to go into Binance and watch the order book—don’t get carried away.
I’ve lost money and made money too. Staying alive matters more than anything. The above is just my personal opinion and does not constitute investment advice.
