#交易故事 #山寨币交易
My 75x Leverage Sniping Battle: The Trading Logic and Reflections Behind a 1890% Profit
This screenshot records my real-time performance of shorting INIT with 75x leverage at 19:57 last night — unrealized profits once surged to +1890%. Although the profit slightly retracted by the time I closed the position, this trade remains one of my most successful short-term snipes recently. Today, I want to review my trading logic with everyone and remind you all: high leverage is a double-edged sword, with massive gains and liquidation often just a line apart.
1. Why target INIT?
At that time, INIT/USDT had just experienced a rapid surge, jumping from 0.68 to 0.75 within 15 minutes, but the buy depth in the order book was clearly insufficient, and large orders were priced too high. I judged this to be a typical “false breakout”:
- On-chain data: large addresses continued to transfer tokens to exchanges after the surge
- Order book signals: selling pressure accumulated above 0.75, but buy orders were thin as paper
- Market sentiment: a sudden influx of FOMO statements in the community saying “INIT is going to 1U”
At such times, reverse sniping is often safer than chasing the rise — just one signal of a price drop, and it will avalanche.
2. Why dare to open 75x?
High leverage is not gambling, but a precisely calculated blitz:
- Stop-loss setting: immediately placed a stop-loss order at 0.765 after opening a position (only 1.2% away from the opening price)
- Target position calculation: the previous low of 0.60 is a strong support level, with a risk-reward ratio exceeding 15:1
- Position control: only using 2% of total funds to test the waters, liquidation wouldn't be damaging
3. Choosing the closing timing
When the price dropped to 0.603, although there was still space to the target of 0.60, I chose to take partial profits:
- Reason 1: On-chain showed that a certain market maker started to buy back
- Reason 2: 1-hour RSI dropped to 18, significantly increasing the probability of a rebound from oversold conditions
- Reason 3: The funding rate of the leveraged contracts turned positive, causing shorts to incur high costs
(Feel free to share your leverage trading experiences in the comments, and if this post gets over 100 likes, I will share next week's list of altcoins to watch)
