The hippo with a strong backing, MOODENG, has a single-day amplitude of 100% - either you explode with losses or become incredibly wealthy!!!
In a bull market environment, don't casually short a stock with upward momentum. Just to add, don't casually short a stock that has a strong backing!
Once it starts to rise, it may lead to extreme polarization and split personalities!
Taking Moodeng as an example, during the market adjustment yesterday, meme stocks retraced by more than ten points underwater. If it's 10X leverage, you're basically facing liquidation.
For Moodeng, even the lowest to the highest in a single day, a 0.5X leverage spike can also lead to liquidation.
I bought spot hippos and ACT at their lows in the past few days. My initial plan was to hold until I doubled my investment.
But in reality, I exited both spots without doubling, knowing and applying my plan, but not executing it!
Although I made a profit on last night's contract, this kind of explosive rise was just waiting for the backing to pull the market.
With the decline, the trading volume kept shrinking, combined with market capitalization and chip distribution, the backing is still there, using a method with significant amplitude to wash out chips. Previously, it rose from underwater by ten points to above water by 40 points.
This kind of trading method is unlikely to be done full-time for research and trading; it’s highly likely you’ll get liquidated!
Even something as large as XRP can be pulled up to the third rank in market cap within days; what else is not possible?
Wherever the funds go, there is meat to eat and soup to drink.
Money is the smartest; don’t go against the trend thinking you’re right.
The Ethereum at 3570 mentioned in yesterday's article was also a successful buy; those who got in have reaped the rewards!!!
The previously positioned Bonk, Doge, XRP, Wif, Apt, Op, Uin, Link, and Eigen are all performing well.
The next direction of positioning will still aim for the lucrative opportunities in altcoins together with the fan group.
Don’t be a headless fly crashing around anymore. If you want to seek multiple returns in a bull market, now is the best time. Comment 111, and I will provide full support for you, making it easy for you to get on board and enjoy the benefits of the bull market together! 🚀