The recent market trend has been pretty interesting—the downtrend structure is already quite clear. I checked some on-chain data and found that smart money and whale addresses are basically retreating, with obvious signs of large holders exiting. The signs that the big players are taking profits and running are getting stronger.
Last night, I went short and got double returns. At this point, I don't recommend chasing shorts directly, as funding rates will eat up a lot of your profits and there's a good chance of getting caught in a short-term rebound.
If you're looking to position, it's more prudent to wait for a rebound to the resistance level before considering a high-entry short. Timing your entry is a skill—don’t blindly chase.
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SchrodingerGas
· 12-05 08:50
On-chain data really is like a demon-revealing mirror for retail investors—while we're still tangled up in technical analysis, the whales have already made their exit. I didn't follow this round of shorts; with funding rates this high, the returns get eaten up instantly. Forget it.
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rugged_again
· 12-05 08:49
Double returns? Dude, your luck is insane. I went long yesterday and got completely wrecked, haha.
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ZenChainWalker
· 12-05 08:42
Double returns are nice, but the funding rate can really get you rekt. I’ve learned to wait for a rebound only after losing a few times myself.
Airdrop opportunity for #美联储重启降息步伐 $PIPPIN is here?
The recent market trend has been pretty interesting—the downtrend structure is already quite clear. I checked some on-chain data and found that smart money and whale addresses are basically retreating, with obvious signs of large holders exiting. The signs that the big players are taking profits and running are getting stronger.
Last night, I went short and got double returns. At this point, I don't recommend chasing shorts directly, as funding rates will eat up a lot of your profits and there's a good chance of getting caught in a short-term rebound.
If you're looking to position, it's more prudent to wait for a rebound to the resistance level before considering a high-entry short. Timing your entry is a skill—don’t blindly chase.
Also, keep an eye on the trend of $XNY $LUNC .