**《SHIB Contract Battle: From Liquidation to Comeback》**
At 3 AM, Chen Mo's computer screen emitted a cold light in the dim room. He stared at the 4-hour candlestick chart of SHIB/USDT on TradingView, his fingers unconsciously tapping the desk. In the past 24 hours, the price of SHIB had been like a roller coaster—first plummeting 15% due to a whale's sell-off, then rebounding 10% on a rumor of "Shibarium upgrade."
"The opportunity has come." he murmured.
Chen Mo is an inexperienced but bold contract trader. Three months ago, he made $20,000 from a $5,000 principal in BTC contracts, but soon lost everything due to high leverage liquidation. This time, he decided to bet on SHIB—a meme coin that prides itself as the “Dogecoin killer,” which always seems to spike suddenly when the market is desperate.
### **Step 1: Ambush**
He placed a long order with 5x leverage near 0.0000085, setting a stop-loss at 0.0000082. “The support for SHIB is strong; even if there is a correction, it won't break the previous low.” He repeatedly checked on-chain data and found that large addresses had been quietly accumulating over the past week.
However, the market slapped him in the face. At 5 AM, Bitcoin suddenly crashed, dragging the entire altcoin market down. SHIB instantly pierced through his stop-loss level, and his account was down 30%. Chen Mo cursed but didn’t shut down the computer—he noticed that after the liquidation, the price quickly rebounded, forming a long lower shadow.
### **Step 2: Revenge**
“False breakout?” He remembered an old trader's words: “The stop-loss orders of meme coins are the cash machines for the market makers.” He made up his mind, and when the price returned to 0.0000086, he heavily opened a 10x long position this time with a more distant stop-loss.
Two hours later, SHIB began to surge. A message suddenly went viral on Twitter stating that “the SHIB not destroyed by Vitalik may be used for charity” (later confirmed to be an old story being revived). The price broke through 0.000009, and Chen Mo's account had doubled in profit. But he didn’t close the position—this time he had learned his lesson and set a trailing stop to ensure that profit retracement would not exceed 20%.
### **Endgame: Surprises and Discipline**
The next day, SHIB consolidated around 0.0000095. Chen Mo originally planned to hold until 0.00001, but Coinbase suddenly announced a suspension of SHIB deposits and withdrawals, causing the price to crash 5%. His trailing stop was triggered, ultimately allowing him to exit with a 78% profit.
