Today’s gainers list is lively, but if you ask me whether I dare to chase, I’ll tell you most of them I don’t touch

$1000000BOB increased by 77.8%, open interest surged by 127.7%, turnover rate 11.3 times, this is a typical pump-and-dump coin manipulated by the whales. The holding value is rising faster than the price, whales are frantically spoofing volume and buying ad spots, the long-short ratio is 79/21, retail investors are piled up on longs, funding rate is an outrageous 0.19%, chasing high in this market is just giving money to the whales

$TST increased by 45.2%, turnover rate 14.3 times, spoofing volume more aggressive than BOB, open interest +51.9%, holdings are rising but this turnover rate clearly indicates data manipulation, either genuine pump or trap, if you can’t see through it, don’t touch

$AKT I find this a bit interesting, up 27.5%, open interest +22.5%, the key is the funding rate -0.123%, shorts are paying money, the long-short ratio is 64/36 which isn’t extreme, the 11.8 times turnover rate is also spoofing volume, but negative funding rate plus increasing holdings signals a short squeeze, so you can watch for a pullback opportunity

$FHE $TAC $NAORIS These three holdings are rising, but either the long-short ratio is extreme or the funding rate is abnormal, FHE’s long-short ratio is 71/29 with retail piling on longs, TAC’s funding rate is 0.07% with longs paying, NAORIS holdings increased by 39.4% but the long-short ratio is 50/50, too balanced, I don’t know if the whales are going to harvest or push the market in this situation

The gainers list is not a buy list, chasing high is what retail investors do, if you really want to, wait for a pullback or look for clearer signals, don’t just rush in because it’s going up