💡 Don't let the gain leaderboard blind you, the top gain ≠ opportunity!!!
The gain of MAGIC is just a facade, why? Read on 👇👇
The MAGIC gaming sector is not very hot right now, the entire gaming track (GameFi) is at the edge of funding, with poor liquidity and limited attention.
Suddenly boosting the MAGIC coin seems more like the market makers deliberately creating 'highlights' to attract attention in a weak market, rather than being driven by real funds or positive fundamentals.
A sharp rise in a short time, coupled with community hype, may likely be market makers using the gain leaderboard to create FOMO (fear of missing out) sentiment, driving up prices to offload and attracting retail investors to catch the peak.
Retail investors see the high ranking and blindly chase the rise; once they jump in, they are likely to be the last ones holding the bag.
The overhead trapped positions are heavy, and the selling pressure is immense.
The historical high of MAGIC coin is far above the current price; once the funds that were previously trapped get released, they will sell out immediately, and the recent surge is merely a short-term behavior, insufficient to break through the strong resistance zone. This also means that once the price struggles to rise, it will quickly fall back.
Here are some trading suggestions for [retail investors]:
This kind of coin can be considered for short-term speculation, but absolutely do not get attached or heavily invest! If you want to bet on a short-term rebound, be sure to set a stop-loss and enter and exit quickly! More importantly: recognize the trend and follow the main line!
✅ Summary: Gains do not represent value, and the leaderboard may have tricks.
Retail investors need to view the gain leaderboard rationally during unclear market conditions, especially for projects that are 'standing out against the trend'.
The real big opportunity often isn't when it’s the hottest, but when others don’t understand, and you see it clearly first.
