I had Doubao analyze $ESPORTS a bit. This thing is purely about using sharp price wicks to liquidate both longs and shorts in the futures market. The market makers aren’t planning to do spot trading anymore—they’re just using futures to fleece people. Stop expecting a pump.
The crypto market is seriously 🐶 these days: go long and it drops; go short and it rises. Even if you get lucky and make a profit, don’t rush to brag—you’ll eventually give it all back. I’ve lost a bit, but this whole thing is getting less and less interesting.
$BTW What the heck is this coin? Market cap of 7.7 billion, pulled up by dozens of points, but the trading volume is only 400 million. Basically, nobody is playing it.