What happened to $sats yesterday? After several days of sideways movement, it suddenly surged, reaching a high of 0.000196, and then early in the morning, it suddenly dropped almost to 0.000107. Those who chased the high last night must be regretting it.
Fortunately, I wasn't greedy yesterday and closed a long position I had been stuck in for a long time, making a small profit. Another position was almost closed before I went to sleep, but then I fell into the trap of greed again and placed an order right before sleeping, setting the price too high. If I had set it lower, I could have easily closed the position last night, but now I'm stuck again.
Sigh, I always forget that old saying: adding to a losing position is to break even, not to make a profit!
However, what’s strange is that despite such a surge and drop in $sats yesterday, it seems no one was paying attention. There’s nothing in the news explaining this price action. If there’s no news causing such a spike, it’s likely that it’s completely controlled by the market makers, artificially manipulated.
Looking at #sats now, there are still buyers, quickly pushing it back up from 0.00107 to above 0.00012, returning to the price range it had been consolidating in for a while, and it’s starting to consolidate again. This aggressive trading method is really nerve-wracking. One moment it behaves like a stable coin, the next it surges and plummets like a meme coin. I can’t help but wonder who is controlling the market now. With such aggressive market making, it’s really difficult for small investors to survive.
Let’s send a red envelope to cheer on $sats, hoping it can help BTC inscriptions rise again. Leave a comment saying 'Inscriptions Revival' to get a chance at a luck-based red envelope. There are 4,500 red envelopes, and everyone gets a share! #红包 #红包大派送 #红包🧧
#铭文 #sats(SATS) $SOL