#WYST稳定币 Regarding trading strategies for high-risk tokens like JELLY JELLY, it is necessary to consider their unique background and market dynamics comprehensively. JELLY essentially belongs to a low liquidity variant of Meme coins, and the background of the project team is questionable (endorsed by the founder of Venmo but lacks a substantial ecosystem).
The current market phase is in the "event-driven volatility" stage, following a 560% increase triggered by the launch of futures on Binance, entering a value regression period with the aftershocks of the Hyperliquid event still unsettled (over $180 million in funds have escaped, with the possibility of a secondary attack).
When the Binance futures premium exceeds 30%, shorting futures and hedging with spot can be done. In extreme positive rate periods (>0.5%/h), open short positions to gain rate income.
Breakout above $0.035 to chase long positions, target $0.048.
If it breaks down below $0.018, consider a short on the rebound, target $0.0095.
Currently, JELLY trading is essentially a negative-sum game, and it is recommended to maintain a wait-and-see approach. If you insist on participating, you need to treat it with a "casino chip" mentality and strictly adhere to risk control. Remember: in the cryptocurrency market, survival is more important than profit.