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SimpleRepetition

$VELVET Highly controlled positions are those that consolidate at high levels to attract shorts, take them out in one go, and then drop.

VELVET31.91%
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mjjtjmmm
· 12h ago
Hello everyone, I’m in the “Air Force,” and I guess I’m also an old retail investor. I shorted this coin at 0.9 and lost 64U, then went long on LAB and made 62. I closed both of my positions. As for this coin, it doesn’t look like it will drop—there’s a chance it will spike upward and then dip, and there’s also a chance it could go to new highs and keep rising. In the future, it may also collect the funding fee in about one hour. When I was a new retail investor, I always had a lucky mentality. Now many retail investors still have that lucky mentality, thinking it will drop down—like, “it’ll be fine somehow.” It’s because of that lucky mentality that they end up suffering huge losses and getting liquidated.
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mjjtjmmm
· 13h ago
Now it looks like it won’t drop. If it were going to drop, it would’ve dropped already. This is another pump-and-control coin. At this point, the only way it could still fall is if the bulls or spot buyers step in—but who would buy spot at this stage? So the bears only have to be dealt with slowly, with no way out. As for how high they can push it, it depends on what the whale does. Some whales pump for one round and then leave; they take what they can get. It’s nothing like LAB’s whale—god knows how many people have been cursing his family.
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Cheerforyourdreams
· 13h ago
Better wait,
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mjjtjmmm
· 14h ago
You wrongly accused the market maker. The market maker is actually waiting for enough longs to pile up before dumping the market.
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ShanDingMediaMortalCultivation
· 14h ago
You guessed it right.
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ShanDingMediaMortalCultivation
· 14h ago
Every dip is an opportunity.
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ShanDingMediaMortalCultivation
· 15h ago
Just go for it 👊
View OriginalReply0

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