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$LAB Can it be recovered? Why does it feel like it’s about to go cold??
At first, Jing Yue wasn’t really paying much attention to altcoins. Yesterday, a brother asked me to take a look. I went through it carefully. The last time I heard about him was because it had surged from $4 to $24 per coin. But now, it has already fallen to this low level.
I reminded him that this coin still can’t be done. The result was that this brother ended up坑了 himself: he went long at the $2 level. This morning he told me he got liquidated. The original plan was to bottom-fish and go all-in, but instead he filled himself into the hole.
I’ve repeatedly warned everyone again and again: never touch altcoins. These coins don’t have any actual technical value to support them. The price action is controlled end-to-end by the market maker. Up or down is entirely up to the market maker’s whim with the money. In just a few days, they can violently shake out liquidity. Endless retail traders get smashed into liquidation, and their principal shrinks dramatically. Instead of gambling on luck inside the market maker’s trap, it’s better to stick with a solid main coins strategy, avoid bottomless harvesting traps, and never use your principal to bet on the bubble-riddled行情 that the market maker draws out #GateUS合规扩展佛罗里达 $BTC