一起自由

Those who brush koge should be careful, being caught once can instantly reduce your principal to zero, the price of 63 has skyrocketed to over 5 million instantly.

Just now, on June 8th at 7:59, using ALpha points to swipe koge, whether it got stuck, this order instantly turned the principal into a few dimes.

【WCT/USDT Observation Notes | The Great Era of Wallet Protocols】

⚡ Data Snapshot (5-26 13:30 UTC+8)
Price: 0.64-0.67 Range Fluctuation
24h Transaction Volume: ≈116 Million USDT
Circulation/Total Supply: 186 M / 1 B (Circulation only 18.6%)
30 d Increase: +50 %

🚀 Why Focus on WCT?
1. WalletConnect is the 'USB interface' of Web3 - 600+ wallets, 40,000+ DApps, and 180 million connections have gone through its channel.
2. Decentralized nodes will be launched in 2025, and WCT will officially take on roles of Gas & Staking & Governance.
3. Binance Launchpool debut + Square writing incentives, the traffic window is still open.

📊 On-chain & Financials
・Staking addresses and weights have continued to rise for nearly 30 days, with the first month's staking annualized maintaining double digits.
・24h Volume/Market Cap ≈ 1.3, turnover is active; exchanges like MEXC and Gate are syncing to alleviate traffic.
・Airdrop/Incentive unlocking pace is moderate, and no continuous selling pressure has been observed yet.

📈 Market Overview
・After rising from a bottom of 0.20 to 0.78, it retraced to MA-25 (≈0.50) to stabilize, with a continuation of bullish arrangement.
・MACD is expanding above the zero axis, with volume moderately increasing; highs and lows are rising, and the trend has not been broken.
・Short-term resistance to watch at the 0.70-0.75 previous high area; 0.60 is a bullish psychological defense level.

🔍 Key Catalysts Ahead
✅ June node mainnet progress & Staking APR adjustment
✅ Wallet / L2 collaboration announcement (AA, Intent narrative synchronization)
✅ Large unlocks and more CEX listing trends

⚠️ Risk Reminder
・Only 18.6% circulation, subsequent unlocking may increase volatility.
・High Beta asset, if BTC breaks down, the decline may be amplified.
・Many competitors in the same track, need to pay attention to narrative rotation risks.

【WCT/USDT Depth Overview｜How Far Can the WalletConnect Ecosystem Go?】

Brothers, today I saw WCT rise to the 0.67 level, just in time to share a few core observations I made for reference:

① Project Highlights
- WalletConnect is the "USB interface of Web3," currently connecting over 600 wallets and 40,000+ DApps, with total connection times exceeding 180 million. Only after the protocol truly decentralizes will WCT serve as both fuel and governance.
- Launched on April 15 via Binance Launchpool, it provided 5 trading pairs on the first day and can also stake BNB / FDUSD / USDC for mining, with significant official support.
- Circulating supply is only 186 million, accounting for 18.6% of the total, with the supply side currently tight; combined with Learn-to-Earn and Square rewards, multiple heat sources are overlapping.

② Funding & On-chain
- 24h volume / market cap ≈ 1.3, active turnover; Dune dashboard shows that the number of staking addresses is continuously increasing, with early annualized rewards around 18%, indicating high locking willingness.
- In addition to Binance, platforms like MEXC have also launched to support airdrop activities, dispersing short-term selling pressure.

③ Technical Analysis
- The daily line started from 0.20, peaked at 0.782, and after a pullback to MA25 (around 0.50), is currently making a second upward attack, with moving averages in a bullish arrangement.
- Key levels: Resistance at 0.70-0.75 (previous high + round number); support at 0.60 (be cautious of acceleration if it breaks), further down is 0.55/MA25.
- MACD dual line golden cross, volume moderately increasing, the possibility of the trend continuing upwards is greater than a significant reversal.

④ Operational Thoughts (for learning purposes only, not investment advice)
● Trend Following: Accumulate in batches at 0.64-0.66, stop loss at 0.59, target 0.73/0.85, leverage ≤ 3X.
● Buy on Pullback: Position in spot or 2X leverage at 0.55-0.58, stop loss at 0.50, target 0.70-0.80.
● Aggressive Breakthrough: Chase after stabilizing above 0.75 with volume, stop loss at 0.70, target 0.90/1.10, leverage ≤ 4X.

If you think WCT can break through 1 USDT, hit 1, if you want to see it pull back to 0.55 first before going up, hit 2.

$WCT

$BTC My Perspective on BTC: What I'm Thinking After It Surged to $111,000

1. External bullets keep feeding – The ETF 'faucet' really hasn’t been turned off
- After looking at the data last night, BlackRock's IBIT spot BTC ETF has poured in over $500 million. The entire US version of the spot ETF has seen net inflows for 19 consecutive days, making it feel like BTC is getting an all-weather IV drip.
- Intuitive feeling: Traditional institutions' long money is slowly absorbing the publicly circulating chips, with prices being subtly and chronically repurchased. As long as the faucet remains open, shorts will have to hold back.

2. On-chain heat is real money, not just talk
- Realized Cap has surged above $900 billion for the first time, which represents the real cost on-chain. In other words, real money has been moved to a higher average price level.
- Glassnode suggests: Short-term holders are making money, but selling pressure hasn’t spiraled out of control. My interpretation is: there are sellers, but more buyers, so the supply-demand leverage still leans towards bulls.

3. A few insights from the charts
- The moving averages are arranged in the order of MA 7 > MA 25 > MA 99, forming a 'high-speed rail track'; the trend hasn't shown a turning point yet.
- The MACD golden cross bars are still emerging, and momentum is accelerating, not decelerating.
- ATR occupies about 5% of the closing price; the volatility is significant, meaning it can rise quickly, and the same goes for falling.
- The funding rate is only around 0.01% every 8 hours; leverage is relatively restrained and hasn't reached the level of a widespread frenzy.

4. Four risks I'm watching
1. US Treasury yields: If the 10-year yield suddenly spikes, high-valued assets will tremble, and BTC will undoubtedly be affected.
2. ETF reversal: If I see an outflow of more than $200 million in a single day from the ETF, it could mean big funds are hitting the brakes.
3. Rate combined with OI exploding: If the funding rate exceeds 0.05% every 8 hours and OI rapidly climbs, it usually indicates that leveraged players are nearing the exit.
4. Regulatory black swan: Any negative legislation or unfavorable lawsuits against major exchanges in Europe and the US could instantly change sentiment expectations.

5. Summary
The long money from ETFs combined with real on-chain money is the dual engine driving this surge. I'm maintaining a trend-following mindset, but I will never forget to install a pain relief valve for myself. As long as the aforementioned risks flash together, it's time to take cover. After a long time, I've come to understand: fall in love with the trend, but get a license with risk.

——————
Risk Disclaimer
The above is my market notes and does not constitute any investment advice.

I don't get every trade right, but I got the overall picture right.

For the entire month of April, I ultimately achieved a net profit of 9311U. It wasn't an explosive profit, but steady, each step in line with the plan.

If you ask me what my biggest gain this month is?
I would say two words: "Stay steady."

In this chart you can see there were losses and gains, on the deepest day I lost over 900U, but I didn’t chase trades or act impulsively to recover losses; instead, I adjusted the rhythm back.
For instance, from April 6th to 12th, when things were not going well for several days, I didn’t blindly add to my positions but instead compressed my positions, reduced frequency, and strictly executed profit-taking.

I consistently adhere to three rules:
• No single position exceeds 10% of the account, even if the signal is good
• Once profits exceed 10%, start protecting profits; don’t be greedy with profit-taking
• If I have two consecutive losses, I take a mandatory break; if the script isn’t clear, I don’t act

To be honest, the reason I could maintain profits this month isn’t because my trades were so accurate, but because I acted less impulsively.

⸻

Making money is a skill, but preserving it is the real ability.

What truly stabilizes my profits is not some miraculous trade, but:
The courage to cut losses when wrong, the courage to take profits when right, and the courage to stop when things go awry.

⸻

Have you also experienced this kind of "periodic drawdown but not panicking" rhythm?
Feel free to share your reflections in the comments; you will find that those who have made it through have all stepped into similar pitfalls. $BTC

Why am I more cautious after making a profit?

In the past, when I made money, I would become more aggressive.
I felt that my state was just right, my judgment was accurate, and right after taking profit from one trade, I wanted to jump into another, riding the wave.
The result was that profits came quickly, but losses came back even faster.

Later, I observed the opposite:
The ones who can truly grow their accounts are not those who continue to charge forward after making money, but those who know when to hit the brakes after they profit.

Now, the more I profit, the more restrained I become.

Because I know:
• It’s easiest to get carried away after making money.
At this time, the emotions are a mixture of “confidence + greed”, which can easily break discipline.
Clearly, you shouldn't take certain trades, yet you will find reasons to force them.
• The period of unrealized gains is the moment when the rhythm is most likely to break.
Once the rhythm is off, a few consecutive small losses can throw your mindset into chaos, and the previous profits can vanish in an instant.
• Profit is temporary, but discipline is long-term.
The market is always changing; you cannot rely on one favorable wind to think you can keep winning.

⸻

So now, after I make a profit from one trade, I force myself to stay out of the market for a few hours.
Sometimes the market is still moving, but I do not participate.
I tell myself a phrase:
"What needed to be taken has been taken; not every time requires action."

⸻

Do you have similar experiences?
After making a profit, you got too excited and ended up making a trade without thinking it through, and then gave back the profits?

$BTC
The longer I trade, the more I fear not losses, but the "inflation after making money."

Have you ever had those moments where you know you shouldn't do something, but you just can't help it?

I have, many times.

Sometimes right after stopping a loss, I feel unsatisfied, even though I clearly wrote that I wouldn't take any more actions today; the market fluctuates, and I end up clicking in again.

Other times, I know the structure is incomplete, and the signals are insufficient, but just seeing others make money makes me unable to resist thinking, "I'll join too."

And sometimes, when I'm already up 10%, I originally said I would take profits, but then I want to hold on a bit longer, and in the end, I watch the profits slowly fade away, and my mindset completely blows up.

In these years of trading, what I've found hardest to overcome isn't watching the charts, or indicators, or techniques, but **"myself"**.

That part of me that can't help but take action, that part of me that feels reluctant, that part of me that always wants to grab a little more.

Now, I can stay calm, not because I have no emotions, but because I've forced myself to do three things:
• No trading without a script; if the plan isn't clear, I force myself to stay out of the market.
• After two consecutive losses, I force myself to close the computer and take a break, no matter how good the market is.
• After making a profit, I'm not allowed to add positions or change the take-profit point temporarily.

⸻

The hardest opponent in trading is never the market; it's yourself.

Have you had similar experiences? Knowing you shouldn’t act, but you did anyway and then regretted it.
Feel free to chat in the comments; we’ve all been through those moments.

This trade only took 11% floating profit, but I have never been satisfied with just the return rate.

The AGLD short position is something I started paying attention to after yesterday's market surged and stagnated.

Two consecutive large bullish candles hit the top; although the volume increased, the price could not effectively break through the previous high. The candlestick began to contract + MACD showed slight divergence, which is a rhythm I am particularly familiar with.

I did not chase it but waited for confirmation after the high pullback to place a short, entry price 0.9648, currently marked at 0.9302, floating profit 107U, return rate 11.17%.

This trade is particularly stable for me; I did not add to my position, and the leverage is still my familiar 3X. The preset take-profit plan is as follows:
• Target 1: Around 0.91, to capture the first segment of the structure
• Target 2: If it continues to weaken, activate a trailing stop
• Stop loss set above the previous high, strictly unchanged

To be honest, this floating profit isn't large, but what satisfies me is:
The rhythm is correct, the structure has no issues, and my mindset is stable.

⸻

Not every trade has to be held until the end, but every trade must follow my plan.
Even if this trade only allows me to take half of the profit in the end, I will stick to the script and not waver.

⸻

Have you traded AGLD recently? What do you think of its structure during this period? Feel free to discuss in the comments.
No guessing, no snatching, no gambling; the comfort in trading comes from execution, not excitement.

I never take trades that I can't explain the complete logic for.

In the past, when trading contracts, sometimes I would jump in after seeing a long candlestick, thinking "any movement is an opportunity." As a result, I either got caught in a reversal or couldn't hold on, feeling completely uncertain.

Now I only take one type of trade: a trade whose logic can be explained in one sentence.

For example:
"Three attempts to break the previous high but fail, starting to consolidate with decreasing volume, MACD divergence, preparing to short the stagnation."
Or:
"After a continuous increase in volume, a failed attempt to break the high, RSI stagnation + horizontal movement at a high level, bears starting to position."

I do not take trades where the logic cannot be clearly explained. Because I know:
• First, if you can't explain the logic, it means you don't understand the market yourself.
Such trades are not based on a plan but rather on feelings, which carries a high risk.
• Second, if you can explain it clearly, it means you have a picture, rhythm, and a plan in mind.
Even if you hit a stop loss on these trades, you won't regret it, because it's a result of your informed decision.
• Third, a complete logic allows you to remain calm during market fluctuations.
As long as the structure hasn't broken down and the logic hasn't changed, you won't get shaken out by volatility.

⸻

Trading isn't about quick reactions; it's about how clearly you've thought things through before entering.
Whether a trade is worth taking, you know best before opening a position.

⸻

Now, whether I'm detached or slow, as long as the script is complete and the logic can be articulated, I will take action.
Otherwise, no matter how hot the market is, I can remain seated.

Have you recently taken a trade that "couldn't be explained but you did it anyway"?
Feel free to write it down so you won't make the same mistake next time.
$BTC

Why do I never exceed 10% of my account in any single position?

Many people think that when they see a good opportunity, they should go all in to maximize profits.
But after doing this for a long time, I increasingly adhere to a small detail:
The position size for each trade must not exceed 10% of the total account funds.

The reason is simple and realistic:
• First, no matter how good the market is, there are times when things go wrong.
Even if you see everything clearly, not every trade can be carried through to the end. If you are fully invested, a single stop loss can cause significant damage. A smaller position at least leaves room for maneuver.
• Second, the account must be able to withstand consecutive losses.
It's not about fearing a single loss; it's about fearing consecutive losses. With a smaller position, even if you hit two or three consecutive stop losses, the account can still handle it, and your emotions won't explode.
• Third, a lighter position allows for a more pure execution of the plan.
When the position is heavy, every fluctuation feels like it's tugging at your heartbeat. With a lighter position, you can truly follow the plan, taking profits on profits, cutting losses on losses, without making random changes or panicking.

My approach is very simple:
For example, if the total account amount is 20,000 USDT, I control the opening amount for each trade to be within 2,000 USDT. Even if the structure is particularly good, I won't actively increase it to 15%-20%. Only after the market moves and there are unrealized profits do I consider gradually adding to my position, but I will never start with a full bet.

⸻

Making money from contracts has never relied on becoming rich from a single heavy position,
but rather on one hundred calm, gradual, and steady actions that slowly accumulate gains.

⸻

If you often lose control of your emotions because of a too-large position,
it might be worth trying to start from the next trade:
First, reduce your position to 10%. No matter how good the market is, only engage in the portion you can manage steadily.

Steady progress is more important than anything else. $BTC

The most ruthless loss was not the total liquidation, but rather when I personally returned all my profits.

I still remember that experience very clearly.
My account was originally up by over $4,000, and things were going well, but after making a few consecutive successful trades, my mindset began to inflate.

—— Position sizes kept increasing.
—— I started to think about delaying my profit-taking points.
—— The script I had originally set was changed on the spot by myself.

As a result, in just two days, I retraced 70%.
It wasn't that the market was particularly bad, but rather that I personally returned the money I had earned bit by bit.

Looking back, the biggest lesson from that time was not the liquidation, but the fact that I could have stopped, yet was dragged into the abyss by greed and arrogance.

Since then, I set a few strict rules for myself:
• If a single trade profits over 10%, I must take partial profits to lock in gains.
• If I have two or more consecutive profitable trades, I must take a day off and go flat.
• If my account retraces over 5%, I automatically halve my position size and never go against it.

Making money is actually not difficult,
The hard part is being able to control yourself after making it and not acting recklessly.

⸻

Now when I trade, I always remember that scene.
It wasn't the market that killed me; it was myself who defeated myself.

⸻

If you have ever given back your profits after making them,
Don't rush to recover,
First stabilize your rhythm, and protect your account well,
This is the true beginning of being able to go far.

Why do I only use leverage within 3 times?

When I first started trading contracts, I also tried high leverage.
10 times, 20 times, or even 50 times; watching a wave of market fluctuations could turn my account upside down. At that time, I found it exciting and thought I could control the market and my emotions.

But over time, I realized that high-leverage trading relies more on luck than on skill.

Later, I set strict rules for myself, using only 2-3 times leverage, for a simple reason:
• First, the tolerance for error is much greater.
In a fluctuating market, washing out positions, or sharp movements, 2-3 times leverage can withstand it, making it less likely to be knocked out by insignificant small fluctuations.
• Second, the trading mentality is more stable.
Low leverage allows me to truly follow the script when trading, without the anxiety of staring at the screen after opening a position, giving myself more decision-making space.
• Third, to survive longer is to talk about profitability.
A liquidation doesn't happen because of significant losses, but because the leverage is too high and the position is too heavy; a small pullback can lead to an immediate exit. With low-leverage trading, I can continuously earn small profits, gradually accumulate my account, and create long-term survival opportunities.

⸻

Some people feel that 3 times is too low, not exciting or fast enough.
But what I want is not speed; it's longevity, that sense of certainty that comes from steadily improving my account.

⸻

In trading, it's not about betting who can make ten times, but about betting who can remain stable amidst the fluctuations. $BTC

After opening a position, I hardly add to it anymore.

In the past, when I opened my first position and the market moved, I couldn't help but want to add to it.
Especially when I saw some unrealized gains, I thought to myself: “Let me add a little more to earn more.”

But after doing it for a long time, I found that most emotional additions either get wiped out or turn into pressure positions.

Now my approach is very simple:
• Determine the total position when entering the market, only place orders in batches, and do not add temporarily.
• After seeing unrealized gains, only consider reducing the position for protection, rather than adding more.
• If I really want to add to my position, I wait for a pullback/rebound confirmation before doing it separately, not adding on top of the original position.

The benefits of doing this are obvious:
• A more stable mindset, so I won’t hesitate to take profits because of the added positions.
• A clearer plan, no need to change plans on the spot.
• Risk control, keeping the initiative in my hands, rather than handing it over to the market.

⸻

Many people ask me: “Won't this cause you to miss out on bigger profits?”
My answer is:
Missing out on a little profit won't cause you to blow your account;
But adding positions recklessly can very likely ruin an entire wave of the market.

⸻

In trading, in the end, it’s about who has a cleaner rhythm.
Making money is not about stacking positions; it’s about building it up little by little through structure and execution.

⸻

If you often hesitate to add to your position after seeing unrealized gains, why not try:
Set the position when opening a trade, execute properly, and only move to take profits without changing the position.

Over time, you will find that your account performs more steadily than before, and your mindset is much more relaxed.

What to do if you miss a limit order? I only do one thing: give up

Many people ask me, if I place a limit order and the price almost reaches my target but then drops directly, what should I do?

I used to be conflicted, thinking "it was so close to being executed, maybe I should chase it a bit more," but chasing often leads me to a local high point, resulting in either a quick pullback or a very uncomfortable position.

Later, I established a hard rule:
If I miss a limit order, I give up.

The reason is simple:
• Missing the market once does not mean there won't be a next time
• Opportunities that truly belong to you do not need to be forcefully chased
• Orders that are chased often lead to a mindset that has already collapsed, making it difficult to execute the plan

Now my rhythm is as follows:
Set the plan before placing a limit order, and if it’s time to enter, I enter; if not, I continue to wait.
If the price misses my target by a little or turns back directly, it indicates that this market move was not meant for me at all.

Missing out will not reduce my earnings, but chasing can cause me to lose my rhythm.

⸻

Trading doesn’t always have to be about winning; it’s about keeping each move within a rhythm that I can control.
Letting go of market moves that don’t belong to you is more important than anything else.

⸻

If you often struggle with whether to chase after missing a limit order, why not try setting a hard rule for yourself?
Once the act of giving up becomes natural, your trading state will naturally stabilize too.
$BTC
$

Why has my win rate improved after switching from market orders to limit orders?

In the past, I often entered trades using market orders; whenever I saw a signal, I would quickly tap on the market order, thinking that being fast was good and I could get ahead of others. However, after doing this for a while, I realized that there are several major risks with market orders:
• Prone to slippage, especially during high volatility, where a small change can result in several dollars of difference.
• Tendency to act impulsively; seeing a candlestick move can make me want to jump in, leading to a blurred entry logic.
• Entry price is uncontrollable, leading to frequent disruptions in profit-taking and stop-loss plans, rendering them ineffective.

Later, I forced myself to switch to limit orders for entering trades, even if it meant waiting, even if I had to leave them open for several hours.
Slowly, I found that my win rate improved significantly, and the reason is simple:

First, limit orders allow for a calmer entry.
Instead of being rushed by market movements, I wait for my predefined levels and enter according to my plan.

Second, limit orders transform trading from being "emotion-driven" to "logic-driven."
Only when the price actually reaches my set level does a trade get triggered, reducing the randomness of the process.

Third, limit orders allow for more precise profit-taking and stop-loss setups.
Since the opening price is set by me, the ratio of profit-taking to stop-loss remains controllable, and the risk-reward ratio won't be forcibly altered by market conditions.

In simple terms, trading is built on details.
Those who can patiently use limit orders are truly the ones who can endure and make money.

If you also feel that your entry rhythm is chaotic and tend to chase trades, why not try starting from your next trade: only use limit orders, wait for the right level, and don't rush.
You will find that slowing down can actually lead to faster results.

What really allows me to make stable profits is not technology, but a shift in mindset

When I first started trading contracts, I spent a lot of time learning technical skills, analyzing indicators, practicing market feel, and chasing various 'magical signals'. However, the more I did, the more I lost.

Later, I gradually understood that what really determines profits and losses is not technical details, but the overall way of thinking.

I had three key shifts that became the core of my later stability:

First, trading is not a game where you must make money every day.
Trade when there is a market trend; if there isn’t, take a break. The market doesn’t wait for you; you have to wait for the market. Once I understood this, I accepted being in cash and stopped forcing trades.

Second, setting profit and loss limits is not a restriction; it’s a way to protect yourself so you can continue trading.
In the early days, I didn’t set stop losses, always thinking about 'recouping losses', which resulted in small losses turning into big ones.
Now, I write down my stop losses and profit-taking in advance for every trade, and when the time comes, I execute without hesitation or luck.

Third, the essence of trading is managing your emotions and discipline.
Many people know the technical aspects, but those who can truly profit are those who can minimize their actions, stick to their plans, and maintain a steady pace.
Stable profits do not come from luck or getting rich overnight, but from a set of processes that can be executed over the long term, gradually increasing the account day by day.

⸻

Now when I look at the market, I am not anxious or greedy. I place orders when conditions are met; if they are not, I turn off the computer.
On the path of trading, those who truly go far are never the fastest, but the steadiest.

⸻

If you are also experiencing anxiety and frequent losses, consider adjusting from these three points. It’s not that the market is wrong; it’s that we need to approach it with the right mindset.

Doing less doesn't mean not making money

I used to think that trading was all about watching the market more, taking more actions, and participating more; missing out once felt like missing a chance to double my investment. But I later discovered that those who truly make money in the contract market are exactly the ones who do less.

Now, I only make three trades a week at most, and most of the time I am waiting. When I do make a move, I often secure it very well. Why? Because I spend all my time on 'understanding the structure' and 'writing a good script.'

I have three conditions for making a move, and I must meet two of them to take action:
1. Clear structure (high surge stagnation, continuous upper shadows, top-bottom shift down)
2. Volume coordination (increased volume without price increase, high surge with reduced volume)
3. Indicator confirmation (MACD divergence or RSI stagnation)

Even if the market is very hot, as long as I don't understand it, I stay in cash. I would rather miss out than act recklessly.

I never get greedy with my profit targets; I take 20% and start moving my stop-loss once I exceed 10%. My goal is not to catch the highest or lowest points but to thoroughly exploit the 'middle segment.'

Many people say: with such a low frequency of trades, how do you make money?
I say: doing less but accurately is better than doing more but chaotically.

⸻

Trading is not about who works harder but about who stays calmer.
Once the rhythm stabilizes, the account naturally becomes stable.

⸻

If you also want to shift from 'frequent trial and error' to 'precise execution,' I suggest you start by writing scripts + setting a three-condition filter. The details are what truly change the rhythm.

How to Short New Coins: Pitfalls and Summaries from the Past Few Years

First, let's state the conclusion - New coins are not something you can short casually, but if you really want to do it, there are still strategies to consider.

1. Look at the Depth
Many new coins have thin order walls, and price fluctuations can be exaggerated. If the depth chart collapses in the middle, a large order can liquidate your position. At this time, you should reduce your position size when shorting, and don't expect stop-loss orders to fully protect you.

2. Pay Attention to Borrowing Rates and Funding Rates
Borrowing rates can multiply several times in a day. Holding a short position for an extra day adds to your costs. If early on there is high enthusiasm among long investors, the funding rate is often positive, allowing you to receive subsidies when shorting, but remember that volatility can be fierce and the rate is not a safeguard.

3. Observe the Position Rankings and Large Transactions
If the short ratio in the position rankings suddenly rises, it could mean that a group of people is collectively shorting. This can amplify the liquidation chain. Remember to build your position in batches and avoid going all in at once.

4. Learn to Hedge with Spot Trading
If the project team or institution is dumping, take advantage of their selling pressure. Use market orders to acquire a small amount of spot, while simultaneously taking a larger short position in contracts. This can reduce the likelihood of forced liquidation.

5. New Coin Waves Are Usually Short
From peak enthusiasm to decline can sometimes take just two or three days. Don’t be too greedy with your target price; set daily or next-day exit points, and exit when reached. Cutting off unrealized profits is the best stop-loss.

6. Don’t Treat “New Coins Must Fall” as an Absolute Rule
Some projects backed by substantial capital may have secondary rallies to entice shorts. At this time, be willing to cut losses on your short positions and re-enter later. Don’t let emotions become your belief.

7. Capital Management
Keep 80% of your account in cash, limit shorts to no more than 20%, and use leverage within three times. The new coin market can be highly volatile, so maintaining sufficient margin is key to surviving long-term.

In conclusion, what you earn is not just from price declines, but from the moments when your opponents lose control of their emotions. View yourself as an observer; record depth, funding rates, and emotional fluctuations. When you encounter similar scenarios in the future, you can replicate the strategy.

This FLOKI short position is still on its way, but the rhythm has already given me the answer.

This FLOKI short position was decided after seeing it surge with volume but stagnate, and the MACD starting to cross downwards. It's not about guessing the top, but rather waiting for it to be "clearly unable to move" before entering the market.

The entry price is 0.07075, currently marked at 0.0657, with a floating profit of 213U, and a return rate of exactly 23%+, all within the plan.

Currently, I haven't taken profits yet, for three reasons:
1. The structure hasn't broken, still running along the downward channel.
2. The moving stop-loss hasn't been triggered (set between 0.066~0.064).
3. No obvious signals of bearish exhaustion have appeared, so I'm temporarily not reducing my position.

The take-profit script is as follows:
• Take one-third off near 0.064.
• Move the stop-loss for the remaining position to follow the 15-minute low.
• No adding to the position, no chasing trades, just focus on this segment, and take what I can.

My account is currently maintaining 3x leverage, operating with a light position, with the maximum floating loss not exceeding the preset tolerance level, making the entire trading process pressure-free.

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This trade might not explode in profits, but I am particularly satisfied with one point: stable rhythm, stable execution, stable condition.
This is the trading style I want, rather than relying on luck to gamble.

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If you are also trading FLOKI or watching other new coins, feel free to share and discuss structure and rhythm in the comments.