$PTB The market maker’s tactics are really shameless—they’re still trying to milk retail traders for their tokens before the delisting.
I’ve seen plenty of altcoins like this, says Wan Ge. Funds are currently flowing onto the chain, so there should be a decent short-term pump to attract even more retail traders into long positions. Then they’ll dump their holdings and crash the price, wiping out both longs and shorts.
Keep in mind that every rally is the market maker getting ready to sell. They may use the delisting announcement to draw attention, pump the price, and then dump their holdings.
The funding rate is now negative, which means more and more people are shorting. Wan Ge thinks you could open a small long position in the short term, with a target of 0.0009, then switch to a short position. The market maker will definitely sell off their tokens before the delisting.
#PTB
I’ve seen plenty of altcoins like this, says Wan Ge. Funds are currently flowing onto the chain, so there should be a decent short-term pump to attract even more retail traders into long positions. Then they’ll dump their holdings and crash the price, wiping out both longs and shorts.
Keep in mind that every rally is the market maker getting ready to sell. They may use the delisting announcement to draw attention, pump the price, and then dump their holdings.
The funding rate is now negative, which means more and more people are shorting. Wan Ge thinks you could open a small long position in the short term, with a target of 0.0009, then switch to a short position. The market maker will definitely sell off their tokens before the delisting.
#PTB