These types of coins indeed exhibit妖性 characteristics. It is recommended to continue holding the position while gradually lowering the take-profit points. From the market perspective, there are many short positions accumulated below, and some liquidations have occurred. Investors chasing long positions around 0.66 are basically at a loss.
The current price level is quite delicate. It seems to present a long opportunity, but it is very likely a trap to induce short positions. Referencing historical trends, there is a high probability that this妖币 will rise to 0.8. Many investors will set stop-loss orders at that level, creating selling pressure. If it is truly妖 enough, breaking the previous high could potentially bring it back to the starting point within a day.
It is advised to closely monitor the resistance at the 0.8 level, as this is key to observing the subsequent trend. Also, avoid greed—divide your take-profit targets reasonably, and don’t wait until extreme market conditions to regret.
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.
These types of coins indeed exhibit妖性 characteristics. It is recommended to continue holding the position while gradually lowering the take-profit points. From the market perspective, there are many short positions accumulated below, and some liquidations have occurred. Investors chasing long positions around 0.66 are basically at a loss.
The current price level is quite delicate. It seems to present a long opportunity, but it is very likely a trap to induce short positions. Referencing historical trends, there is a high probability that this妖币 will rise to 0.8. Many investors will set stop-loss orders at that level, creating selling pressure. If it is truly妖 enough, breaking the previous high could potentially bring it back to the starting point within a day.
It is advised to closely monitor the resistance at the 0.8 level, as this is key to observing the subsequent trend. Also, avoid greed—divide your take-profit targets reasonably, and don’t wait until extreme market conditions to regret.