The pre-season of altcoins must have a sharp cut 🚨 The bulls are falling into a death trap
Classic harvesting roadmap of the market makers:
1. First, release good news to induce
- Bitcoin remains flat creating a "false sense of security"
- Analysts collectively shout that it’s altcoin season
- Exchanges suddenly list a bunch of altcoin contracts
2. After the bulls take the bait:
- The long position open interest in contracts surges by 300%
- Funding rates break 0.1%/hour
- The liquidity pool of small coins is drained
3. Flash harvesting moment:
- With 500 BTC, you can crash the top 20 altcoins
- Liquidate over 500 million long positions in 15 minutes
- After liquidating the bulls, reverse the trend, and the real altcoin season starts
(Bloody experience: Last year at this time, the SOL series altcoins exploded 1.2 billion long positions in 24 hours, and then started a 3x increase)
In a bull market, there are often sharp drops; spot trading is the most stable, small funds can choose on-chain
#特朗普概念币 Co nan Conan Trump Dogecoin 🔥
Community continues to grow, currently collaborating with 3 institutions, strong upward momentum
The narrative is full, can be compared to Doge! Once it gains momentum, the ceiling is also very high
Currently, the market cap is still low, very good entry point
Meme coin enthusiasts, make sure to keep an eye on it!