LAB This long sideways consolidation is not about accumulation at all; it's a battle of attrition, like boiling a frog in warm water. Many people have endured until their patience runs out, and even their principal keeps shrinking amid the oscillations.


Recently, the entire market was unanimously bearish, with the bearish sentiment completely dominating. Everyone was waiting for a continued decline, but suddenly, a large bullish candle surged up without warning.
The market maker specifically manipulated the price with violent counter-moves before the holiday, causing a large number of short sellers to get caught, with some experiencing deep floating losses, and those with high leverage positions being forced to liquidate.
This manipulation and harvesting method is truly ruthless. $LAB
Looking back, this kind of oscillating, back-and-forth harvesting pattern has lasted for half a month. Even after suffering several losses, many still can't resist entering the market frequently to gamble.
Here is a straightforward reminder: at this stage, chasing shorts is extremely low in cost-effectiveness.
In highly controlled small-cap coins, the price movements are completely detached from conventional technical indicators.
The market trend entirely depends on project team’s chip allocation, making technical analysis hardly a reliable basis.
Sharing a practical judgment logic, specifically suited for this kind of controlled, fake coins:
If the long-term funding rate remains negative, it indicates that the market is crowded with bears, who keep paying holding interest, and crowded short positions can easily trigger a short-term violent surge;
Conversely, if the funding rate turns significantly positive for a long period, with everyone piling into longs, the market is likely to turn sharply downward.
LAB-17.73%
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
  • 3
  • Repost
  • Share
Comment
Add a comment
Add a comment
LittlePonyNo.2
· 1h ago
Buy the dip 😎
View OriginalReply0
BtcPony
· 7h ago
Get in quickly!🚗
View OriginalReply0
mjjtjmmm
· 7h ago
Steadfast HODL💎
View OriginalReply0
  • Pinned