$YALA This coin looks like it's rising sharply, but if you look closely at the data, it's actually quite frightening.

The top three addresses hold almost 60%, which means this coin can be pushed up or down by the big players; retail investors have no say in the matter.

Looking at the contract side, although the price is rising, the open interest is actually declining, indicating that many people are just trading short-term and are too afraid to hold long.

Currently, the price is still 90% away from its historical peak, but it has only risen less than 70% from its lowest point, putting it in a rather awkward position.

On September 14, it dropped to zero, and coupled with the positive funding rate, it shows that those going long have to pay those going short, indicating that market sentiment is getting a bit overheated.

My view is very simple: for a coin that is clearly controlled by big players, it's fine to play around with small adjustments, but never get too carried away. If you really want to enter the market, set a stop-loss, and remember to take profits; don't end up on a roller coaster again.

Making money with this kind of coin relies on being quick, not on faith. If you have no direction, then just follow @山寨交易日记 #加密市场回调 #特朗普加密新政 #美国非农数据超预期 .