Yesterday I was once again the "counter-indicator person"… Thinking about grabbing a rebound with a small position, but as soon as I confirmed, it started to slide down, and my mindset was directly educated by slippage. To put it plainly, the market didn't trap me; I was just too quick: seeing the candlestick turn green, I chased, without checking the depth first, placing orders as thin as paper, only getting filled on the third level of the order book, with an average price much higher than I expected, instantly getting caught.



On-chain, I also specifically checked, at that time the TVL in the pool was only a few hundred ETH, and a swap of 12.8 ETH directly shot the price up, and I followed to buy… The order placement was also terrible, splitting the order into three parts might have avoided such a bad look. Thinking back now, it’s the same vibe as recent social mining and fan tokens: once attention is focused, hands just don’t listen, and in the end, it’s all paid for with emotions. Anyway, I continue to post reverse-talk talismans: I’m bullish, but everyone be careful.
ETH0.09%
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