Recently, I've been contemplating a phenomenon: the frequency of new coin launches is increasing, but the project's true value support seems to lag behind. Especially some tokens that reach a market cap of hundreds of millions right after launch, this speed is indeed a bit outrageous. Coupled with various trading competitions and airdrops to stimulate activity, market sentiment fluctuates greatly.



Based on this judgment, I started building a short position at 0.6. The market once dropped to around 0.12, nearly doubling the profit. I'm still holding the position now, and the coin price has rebounded quite a bit. Honestly, watching these data fluctuate up and down, I keep asking myself—can I hold on until the true other side? When will the market logic truly return to fundamentals? This is probably a question every trader is pondering.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned