# A Must-Learn Trick for Contract Trading!!! $SIREN This Wave of Bloodbath



If a coin keeps pumping or experiences violent short-term rallies, and you get a strong urge to short it, then at this moment you MUST stay calm, restrain yourself, and NEVER short it!!!! One wrong move and you're completely ruined.

Many veteran players have died on this, and many others have gone completely bankrupt because of this behavior!!!

Let me analyze why:

Often these coins are heavily controlled by whales. When you short, you're actually going against the whale as a counterparty. Whales only dare to pump this aggressively after they've accumulated enough chips. Precisely because of this, the circulating supply outside is extremely limited, so the whale's pump doesn't actually require as much capital as you think.

At the same time, when the whale was laying in wait, they were already slowly building long positions. When the explosive pump happens, the whale's profits from liquidating short positions plus funding rates are essentially giving them unlimited ammunition. So how high they want to pump depends on how many long liquidations there are from retail traders. Don't let market cap and percentage gains fool your judgment!!!

Take $siren for example, go check the top addresses!!! Absolute market control!!! Constantly baiting shorts until they've liquidated them all!!!

So when trading contracts, don't open positions based on your feelings.

#SIREN
SIREN110,05%
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
  • 2
  • Repost
  • Share
Comment
Add a comment
Add a comment
GateUser-34c28f35vip
· 03-23 04:29
Because of emptiness, I lost over 200 oil today.

(Note: This translation assumes "空" refers to an empty position/liquidation in trading, and "油" likely refers to a cryptocurrency or asset. If these terms have specific meanings in your context, please clarify for a more accurate translation.)
View OriginalReply0
View More
  • Pin