$INIT waited all day and finally got a price of 0.30000. What should I do if it never comes? If it doesn’t, I just won’t place a trade. I won’t lose any money, but if it does, it’s a chance to multiply my position. Would you be willing to trade this way? $INIT has even had a security vulnerability in its protocol, so why did it still surge by 81% yesterday, the biggest gain on the leaderboard? The live pill from “Vermilion Bird Castle” 👇#init #CPI高于预期，美股与BTC再度承压
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朱雀说
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Folks, this short could double your position! $INIT is up 81% in this surge, topping the gainers’ chart. Are lots of people itching to chase it? Take Zhuque’s advice: going long now and chasing the rally is like licking blood off a knife—don’t go in just to get wrecked! If you absolutely must go long, I hope you enter and exit short. Don’t get greedy!
First, let me explain why it’s rising. The project team is “paying to plug the hole” and support the price: the most direct trigger was the Initia Foundation approving funding to cover iUSD’s collateral shortfall. The team is willing to put real money on the line to stabilize things, immediately igniting market sentiment and lifting the price from around 0.15. After the earlier hacker incident, the price fell too hard, and now it’s bouncing back from oversold levels.
Can you short it now? Not yet!
This market is too small. Look, the RSI is already overbought. With this kind of “wick-and-rebound” volatility, even if you get the direction right, you could still get shaken out first. If you short now, you could easily become fuel for the market makers.
Zhuque’s recommendation:
Asset: INIT
Direction: Short
Enter directly around 0.26–0.30; don’t add to your position.
Stop-loss: To be determined
Target: Around 0.17–0.12
(If there’s an early wick or the natural circulation ratio is too high, we’ll enter early.) 👉朱雀堡
Wait for the wick. Just like last round, it could be about 0.05 in length. A wick that closes down is a clear sign that the market makers are about to distribute. If you’re also waiting for the right moment to enter a short, come to “Zhuque Fortress” #INI #CPI前瞻，12月利率走向迎关键考验
First, let me explain why it’s rising. The project team is “paying to plug the hole” and support the price: the most direct trigger was the Initia Foundation approving funding to cover iUSD’s collateral shortfall. The team is willing to put real money on the line to stabilize things, immediately igniting market sentiment and lifting the price from around 0.15. After the earlier hacker incident, the price fell too hard, and now it’s bouncing back from oversold levels.
Can you short it now? Not yet!
This market is too small. Look, the RSI is already overbought. With this kind of “wick-and-rebound” volatility, even if you get the direction right, you could still get shaken out first. If you short now, you could easily become fuel for the market makers.
Zhuque’s recommendation:
Asset: INIT
Direction: Short
Enter directly around 0.26–0.30; don’t add to your position.
Stop-loss: To be determined
Target: Around 0.17–0.12
(If there’s an early wick or the natural circulation ratio is too high, we’ll enter early.) 👉朱雀堡
Wait for the wick. Just like last round, it could be about 0.05 in length. A wick that closes down is a clear sign that the market makers are about to distribute. If you’re also waiting for the right moment to enter a short, come to “Zhuque Fortress” #INI #CPI前瞻，12月利率走向迎关键考验
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