Loracle got absolutely rekt shorting $HYPE
Brutal PnL. Sometimes the market just doesn't care about your thesis.
This is what happens when you fade momentum on a trending narrative. $HYPE kept pumping and shorts got liquidated.
Lesson: Don't fight the tape when degen retail is piling in. Wait for exhaustion signals before entering shorts on hot tokens.
Brutal PnL. Sometimes the market just doesn't care about your thesis.
This is what happens when you fade momentum on a trending narrative. $HYPE kept pumping and shorts got liquidated.
Lesson: Don't fight the tape when degen retail is piling in. Wait for exhaustion signals before entering shorts on hot tokens.