The node crashed, and the coin price skyrocketed? Behind this, it is very likely that a ‘cutting leeks’ drama is unfolding!
Listen up, everyone. Today, the Viction public chain had all nodes go down, paralyzing on-chain transactions. Logically, this should be a negative for the market, right? But instead, it turned into a miraculous reversal—VIC soared 74% in one day, peaking at $0.29, which is just absurd.
1. This wave of ‘negative news leading to a rally’ is actually a trap set by the market makers.
The node collapse surprisingly turned into good news; the traces of market manipulation are too obvious.
The total issuance is 210 million, but the actual circulation is only 121 million, most of which is in the hands of the market makers, allowing them to manipulate the price.
Especially DWF Labs excels at this: first creating news to drive prices up, attracting retail investors to chase and take over, then quickly crashing the price to dump and harvest.
The coins they previously collaborated on have staged this old drama before.
The technical indicators are all warning signals.
The current price is stuck in the range of $0.271 to $0.286.
There are dense sell orders piled up at $0.288 to $0.292, creating tremendous pressure that retail investors cannot break through. Meanwhile, the buy orders below are as thin as a sheet of paper, easily pierced with a light poke.
2. Only by recognizing these signals can one avoid pitfalls.
Be cautious of the trap of ‘negative news leading to a price increase’. A complete node failure originally poses systemic risk, but the market makers want to turn it into good news to bait retail investors into buying at high prices.
Similar historical tactics are not unheard of—when VIC contracts were listed on Binance in March this year, it surged 250% in two days, only to halve immediately after.
Focus on two key price levels:
$0.275 is today’s low point; if it breaks, there is a risk of accelerated decline.
$0.286 is a hard ceiling; approaching this level requires extreme caution, and do not impulsively chase higher prices.
Additionally, be wary of DWF's investment projects, as they like to pick up ‘quickly cooling old projects’, make big news about inflated financing, and then violently control the market to dump shares.
3. Operational advice: Better to miss out than to get caught.
For spot traders: It is advisable to lie flat and observe; with the nodes not fixed, the volatility is low, and transaction fees may even lead to losses.
For contract traders: Either set short orders at high levels to ambush, or wait for a volume spike to break below $0.275 before pursuing shorts; otherwise, other positions are basically giving away money.
Remember, a node crash is not terrifying; what’s terrifying is the market makers using this opportunity to shake out retail investors. The more absurdly a coin rises, the sharper the fall will be. Especially for projects that have been touched by DWF, trading contracts is like dancing on a tightrope.
