From a shorting perspective, IRYS's sideways movement over the past two or three days is indeed somewhat uncomfortable. With coins in an uptrend, you can still understand that the trend is continuing, but this kind of repeated oscillation without breaking down often means that there's a main player operating in the shadows.
The common playbook goes like this: first accumulate chips through sideways consolidation, and once the chips are concentrated to a certain degree, start pushing higher. At the same time, push the spot price even higher, so the funding rate becomes negative. If the short army doesn't close positions at this moment, the main player continues pulling up. Those with light positions get slowly drained by funding fees, while those with heavy positions get directly liquidated by the pull.
I've already exited CLO, and I'll continue observing IRYS for another day before deciding. These kinds of coins under strong control are indeed more of a psychological test than coins that are still rising.
Sideways trading is the most annoying, feels like the main players are stringing us along.
The main players' tactics are really effective, it's most dangerous when funding rates flip.
CLO has already pumped hard, how's it going bro?
This kind of coin is a mindset killer, better stay away from it.
Observing is also a form of trading, don't get trapped by the schemes brother.
原文表示返信0
airdrop_whisperer
· 01-08 10:42
横盤このやつ最悪、下がらず上がらずでただ人参を刈っているだけだ
原文表示返信0
GweiWatcher
· 01-08 10:36
横盤最も耐え難く、こんなに叩かれる展開を見るのは本当に苛立たしい
原文表示返信0
CryptoComedian
· 01-08 10:32
Sideways consolidation without dips is really torturous, feels like the whales are sharpening their knives. Watch out for that funding rate trap.
I know the whale accumulation playbook too well—shorts slip up for a second and get liquidated in a flash. That's the most brutal way to get shaken out.
CLO is moving fast, IRYS I need to stay on my toes too. Gonna keep watching and waiting, otherwise my mental state will really explode.
From a shorting perspective, IRYS's sideways movement over the past two or three days is indeed somewhat uncomfortable. With coins in an uptrend, you can still understand that the trend is continuing, but this kind of repeated oscillation without breaking down often means that there's a main player operating in the shadows.
The common playbook goes like this: first accumulate chips through sideways consolidation, and once the chips are concentrated to a certain degree, start pushing higher. At the same time, push the spot price even higher, so the funding rate becomes negative. If the short army doesn't close positions at this moment, the main player continues pulling up. Those with light positions get slowly drained by funding fees, while those with heavy positions get directly liquidated by the pull.
I've already exited CLO, and I'll continue observing IRYS for another day before deciding. These kinds of coins under strong control are indeed more of a psychological test than coins that are still rising.