$METIS Last night, I got liquidated on my short position directly, I didn't catch the 2.66 level, and now it has risen to 3.0, a 12-point fluctuation that’s more intense than my weekly living expenses. This coin’s 24-hour trading volume is only 2.9 million USD, with liquidity comparable to a pancake stall at the neighborhood entrance, so don’t go all-in gambling.


Plain language explanation: The current price is $3, which is like the cost of a cup of milk tea for breakfast. In 24 hours, it surged from 2.66 to 3.06, about a 12% increase, which is like your monthly salary of 5,000 suddenly increasing by 600. But the trading volume is only 2.9 million USD, indicating that the market makers can easily crash you with a quick pull.
Operational advice: If you have no position, wait for a pullback near 2.8 to add a small position, set a stop loss at 2.5 (accept defeat if it drops 10%), take profit at 3.2 (exit if it rises 7%). Never chase the high; with this trading volume, even a 100k USD order can break the market.
Yesterday, I was shorting at 2.85 and got liquidated when it was pulled up, now I’ve switched to watching mode, waiting for Bitcoin to stabilize before acting. If you don’t understand, ask in the comments.
METIS14.67%
BTC2.38%
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