The number one 'leader' is here, folks! (It's just the number one on the decline list~) The contract liquidation amount ranks first across the network, LIGHT has soared over 70% in 24 hours! A shocking harvest from a (reportedly) unscrupulous project team in Shenzhen.
The market is rising, but it is falling alone; it’s not an accident, but a well-designed harvest.
The market slightly increased by 0.45%, while Bitlight 'stands out' plummeted over 70%. On December 20, due to the 400% surge in the Bitcoin DeFi hotspot, it quickly fell into an overbought state. Total supply is 42 billion, with only 10% in circulation, and 90% locked until 2026; the liquidity crisis has long been buried. The key support level of $1.48 has been broken, triggering a vicious cycle of stop-losses.
The truth is,
The so-called '400% surge' is not an ecological explosion, but market makers using narrative to pump, creating FOMO. Retail investors rush in, with excessive leverage and a huge bubble; they have secretly opened both long and short positions.
Only 10% in circulation, low liquidity, and high control. They manipulate the market at will, using 'unlocking' to create panic among retail investors.
The plummet of Bitlight is not an accident; it is inevitable. After raising the price, they profit from long positions, then reverse and crash the market to liquidate bulls, and buy back at lower levels.
(According to crypto friends) a small unscrupulous team from Shenzhen @BitlightLabs @Bitlight_wallet, uses narratives to lure innocent retail investors, creates an illusion of scarcity through a locking mechanism, and disguises market trends with technical indicators.
In the end, all of this is just to complete a bloody double kill of bulls and bears after a bubble frenzy in just three days.
$LIGHT reminds us again: the dealer's chips are not out yet, the story will never end.
In the crypto world, volatility is the plot, narratives are scams, and only losing money is real.
On December 31, Binance will stop the Binance Live platform services, while Binance Square will continue to provide live services #Binance #BinanceSquareTalks $BTC $BNB $ETH
Beware of the bullish trap! The current market trend is very strange, with an unusual rise against the backdrop of interest rate hikes, showing high volatility at elevated levels, seemingly indicating a rise. This is likely a trap to attract bulls into the market, preparing for the subsequent decline and accumulation of funds. A bull market is unlikely to come, and it is very likely that we are only on the eve of a bloodbath.
Uncertain rise and fall? That means it's going to drop! Just like the classic line from 'The New Three Kingdoms': 'Uncertain life and death? That means it's dead' $BTC #比特币流动性 #比特币
There is a game that becomes younger the more you play, it is the cryptocurrency contract trading Here no one calls you an old leek, because everyone calls you a small retail investor I want to ask you what positions you have, losses can easily double You say you are the child of the version, but you don't have that margin $BTC $BNB #合约爆仓 #合约交易
The logic of Web3 is different from traditional finance and traditional internet, copying the logic of traditional finance and traditional internet to replicate it in Web3 can only lead to one outcome — taking the fall. Because Web3 is not just old wine in new bottles, it is itself a decentralized revolution of the 21st century. Defi, DeSci, DePIN, DeAI, DeSoc, DAO, etc., even if it is merely a fleeting failed hype, it is by no means just a game of speculation, but a profound transformation of the era. It signifies that the world of the 21st century, is no longer a chess game of a few oligarchs, but a home built collectively by countless individuals. So in the cryptocurrency circle, you can see a phenomenon that is very strange to outsiders: even the big shots must lower their status to communicate with young people, even the elites of top business schools cannot completely rely on textbook logic.
We were all wrong; altseason hasn't not come, it has already been here.
In the past, we always thought that the market's craze for meme coins was just a hype before the altcoin season. We were wrong, we were all wrong! Now I understand — the craze for meme coins is the altseason itself. When various animal coins and meme coins take off in turn, we were still guessing: "Is the big one coming?" When people start shouting "Altseason is coming," the real altseason has already ended. So, don't wait. In the next bull market, I hope everyone can seize the opportunity $SOL $BNB $BTC #altcoins #altsesaon #山寨季何时到来?
All in → Return to 0 → Construction site → Salary → All in → Return to 0 → Construction site
币圈杨颖
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Seeing this scene at the construction site really makes me uncomfortable! If it weren't for that little bit of money, who would want to live like this! It's hopeless!