Michael_Liu93

I have always felt that the dilemma of altcoins is not a liquidity issue, but rather that the retail investors who have survived until now really don't believe in the 'story' anymore. Even if the control rate reaches 99%, if the fundamentals are not strong, spending money to create mindshare will not work; it will come down just as it was shouted up. The buying pressure generated by promotions may not even be enough to cover costs. But looking at Aave and Hyperliquid, these two are still as strong as if we are in an altcoin bull market. This is quite similar to the US stock market; no matter how abundant the liquidity is in the overall market, it rarely flows into small and mid-cap stocks.

During the last round of VC investments, the primary focus was on the project party's ability to list on exchanges, but this round, even if they are fortunate enough to get listed, these projects really do not have the capability to hold the price.

It's quite good. Whether it's the primary VCs or the secondary retail investors, in the end, it all comes down to the judgment of fundamentals. Three things are indispensable:
1. Does the product or service create value for users?
2. Is it capable of generating revenue and growth?
3. Can the token capture this revenue?

Recently, there have actually been quite a few explosive coins in the recent cycle for WCT, Anime, Mask, such as Loom, Hifi, YGG, Arpa, Lina, basically 2 every month. The manipulators take advantage of the concentrated attention in a bear market, and those who have never seen a volatile market tend to short when they see significant gains on that day. The manipulators rely on Upbit and Bithumb for spot trading to explode the shorts, and then when it's time to net in, they transfer to BN, OK, or Bybit to crash the market.

I remember back then, you could basically pull out over 100,000 (even larger positions were not dared to be opened, for fear of being targeted), and the strategy was particularly simple: find the Upbit wallets of market makers, set alerts, and whenever there was a large transfer out to BN or OKX, just short without thinking; within 5 minutes, it’s guaranteed to crash, and it would drop by 80%+...

Now the manipulators are more cunning, for instance, Anime, which was transferred out 4 days ago, has made 3 fake moves to crash the market in the last 3 days.

I still prefer the foolish manipulators.

You can look for opportunities to short the cookies, without going into specifics, here are a few logics:
1. Start staking to begin distributing airdrops (those who understand will understand), recently intensively advertising to find buyers
2. However, the contract open interest has been consistently decreasing, with each wave of upward movement, the market makers are looking for opposing positions to liquidate long positions
3. For example, during the spike on 5/26, the market makers liquidated a large number of long positions against the short positions.

The price of B for betting on the spot market expectations for long positions really has no cost performance; the operation of the market is quite poor, relying purely on open manipulation and spending money to drive the market. This operator is quite strong, so shorts should be careful.

I was wondering, if what happened with Sui yesterday occurred on Sol, would Sol's response be different?🤔

Cetus is in trouble, Sui's memes have all been taken.

A few days ago, I discussed with a friend why, after so many years in the cryptocurrency space, there hasn't been a fund like Mud Water that combines FUD and short selling. Such a fund would also have a positive impact on the industry.

Later, I thought that it seems there isn't much of a fundamental basis for FUD when it comes to altcoins. The issuance of altcoins itself is a model of data manipulation, attracting attention, and relying on exchanges. Everyone has become accustomed to this, and most of the chips are held by the project parties themselves or related interests, leaving retail investors with little to no chips that can be affected by FUD.

The factors that determine whether a new coin rises or falls after being listed are simply:
1. How many coins were given to the exchange
2. How many coins do market makers and various advisors and agencies have to sell
3. Whether the project party is willing to sell
4. Those who can drive up the price are mostly investors whose coins have not yet started to unlock; the chips can be controlled, and the project party decides to spend money to pump the price or collaborates with liquid funds to pump it together.

So those who short are quietly making money; the step of FUD is unnecessary and will only weigh down the short sellers, providing fuel for the opposing side to pump the price.

In fact, there are two types of people who lose a lot of money in contracts:
1. Not admitting mistakes and going down the wrong path to the end
2. Using too much leverage; you may have the right direction, but you leave no margin for error for yourself

Looking at those who have lost a lot of money, they all fall into these two categories. These two behaviors are inherently against human nature and must be restricted through rules.