Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
The weekend was supposed to be a time for market consolidation, but instead, FRAX caught everyone off guard with a sudden surge. It shot up from 0.75 all the way to nearly 1.2, and the increase was truly intense. According to conventional logic, liquidity is usually thin on weekends, and large funds tend to wait for periods of higher trading volume before taking action. But this time, the trend completely broke the pattern, and the stop-loss orders were wiped out by this wave of movement.
Just look at BTC and ETH's performance over the past couple of days to see that market sentiment has clearly shifted. Many are speculating about what underlying logic is behind this unconventional rally. Is it the whales testing the depth during low liquidity on the weekend? Or is it influenced by a large buy order? Honestly, it's a bit frustrating—trading is inherently unpredictable, and often the stop-loss levels you think are safe end up being the targets for liquidation.
The weekend market indeed requires caution, and this lesson can be considered as paying tuition. Next time, you need to be more flexible in adjusting your strategy and not be bound by seemingly rational market logic.