The Square is full of people showing off their doubles and shouting “buy the dip.” Took a look at ARIAUSDT, and it’s no better—down 41.9% in a single day.
This candlestick chart looks like a three-wheeler that forgot to pull the handbrake and slid right into a ditch. Funding rates are hovering around zero, and neither bulls nor bears seem in a hurry. It’s still 27.5% above the hard floor, and I really don’t dare catch this falling knife.
Good thing I kept my hands to myself—saved myself from buying halfway down and getting stuck holding the bag again.
#ARIA #Binance Square
This candlestick chart looks like a three-wheeler that forgot to pull the handbrake and slid right into a ditch. Funding rates are hovering around zero, and neither bulls nor bears seem in a hurry. It’s still 27.5% above the hard floor, and I really don’t dare catch this falling knife.
Good thing I kept my hands to myself—saved myself from buying halfway down and getting stuck holding the bag again.
#ARIA #Binance Square