Just woke up and checked the market, liquidity is really a bit scarce: the order book is as thin as paper, a single slip can cause slippage + stop-loss, and even if the liquidation line is "safe," it could still be hit by a single needle. At this point, I’m actually less inclined to bottom fish, first reduce my position to a level I can handle, and don’t let the fees grind me down. Survive first, then talk. Recently, some people have been watching large on-chain transfers and unusual movements in exchange hot and cold wallets as "smart money," but honestly, many of these are just emotional amplifiers. Instead of guessing, it’s better to focus on yourself: Is open interest inflated, is there follow-through in trading volume, is there genuine buying during pullbacks? Anyway, I’m not going to push hard today, wait until liquidity comes back a bit before considering adding.

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
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned