#MLP #YZY

Based on the latest data analysis, YZY token trading strategy: 📉💸

Current Market Conditions

YZY price has fallen to $1, with a market cap dropping to $1 billion, plummeting 65% from the daily high. Binance Alpha has listed this token.

Key Observations

🔥 Multiple large accounts suffering huge losses: Address 2DNb2C lost $710,000, and another investor has an unrealized loss of $600,000.

⚠️ Continuous long positions failing: A trader has attempted a 3x leverage long for the third time, having already lost $159,600 in the previous two attempts.

💰 Developers profiting: LP fees nearing $10 million, hidden fee rate of 4-5%.

Trading Strategy Suggestions

❌ Avoid bottom fishing: Continuous losses from large accounts indicate a strong downtrend.

⏰ Primarily wait and watch: Wait for signals of price stabilization before entering.

🎯 Risk control: If trading is necessary, strictly set stop-loss at $0.80.

📊 Monitor trading volume: Consider rebound opportunities only if volume stabilizes.

Even BitMEX founder Arthur Hayes expressed regret over trading YZY, advising caution with such high-risk meme coins.🚨