The entry timing for #WYST稳定币 , at 00:12 when the price of the coin gradually rose and met a pullback, I decisively opened a long position with 10x leverage and jumped in. Looking back now, that was just the right moment to open a long position. For the next 10 minutes, I was quite pleased because it rose a lot. However, I made a fatal mistake: greed. I could have exited directly, but the market was hot, and I was unwilling to settle for just a small profit. I decided to hold on, and as a result, I fell into the first trap - a short squeeze.
After a brief rise, the price of the coin plummeted, crashing to 0.021, and I was on the verge of liquidation, forced to cut my losses. I then decided to stop looking and take a break, planning to look for opportunities during the day, only to encounter the second trap - a short attack.