Core Recommendations for New Coin Contract Trading

Blindly shorting is not suitable for all new coins; it is essential to wait until the market is relatively stable, after the market makers have sold off their positions, and there are no signs of a pump before confidently entering a short position. Do not try to catch a falling knife.

New coins can increase by an unknown number of times, and it is also uncertain how much they might drop. It is inherently a high-risk endeavor. Many newcomers in the market stubbornly resist loss and continue to hold on; this is truly unnecessary.

For example, after #baby and #prompt go live, if they encounter good entry points, one can directly go long with a stop-loss, aiming for a profit target of 2-3 times. If you discover them too late and there are no good entry points, decisively give up; do not touch either long or short, and wait for the market to stabilize before shorting.

Currently, most new projects on Binance are narrative-driven and are unlikely to have sustained upward momentum.

So when will new coins experience significant market movements? Upward or downward.

This requires continuous attention to the on-chain situation of new coins and various indicators, such as the stability of trading volume, the number of active addresses, and the distribution of holdings, etc. This part will be organized properly at a later time; it is recommended for newcomers to follow and bookmark.