There are no signs of a reversal in this kind of public opinion environment for Movement; does this project still want to continue? Bera is the same; clearly, the start was quite good, saved for three months, and when I looked at the earnings, I almost thought I was saving Ethereum. Recently, I've found that the pump is still done by Chinese; they should at least have some face. Foreign projects, after all, can just lie down; their market value is high, and gradually unlocking still earns them a lot.
The cases of $Kaito and $Virtual show that teams wanting to get things done are engaging in market cap management with liquid funds: founders publicly calling out orders + real product revenue and users + market secondary institutions market buy (non-OTC); when several points come together, good altcoins can still have market activity. The question is how to value and price these types of altcoins? I haven't thought of a good reference for now, does anyone have suggestions?
Contract Operation Review: A strong manipulated coin takes a small short position. (Shorting does not represent an opinion on the project) - This coin washed out some airdrops at the opening and has been continuously pumped for over a month, so I have always hesitated to short this coin and have held back several times. - Yesterday, seeing OI bottoming around $3, I suspected that the short positions were almost liquidated, and it should be nearing a peak, but it hadn't started to drop yet, so I didn't dare to enter on the left side. - Today, around $2.3, I observed abnormal indicators for this token, with the main judgment factor being a significant increase in negative funding rates, which had never been this low before. I suspected that the manipulators were starting to dump, and OI was gradually increasing, while perp CVD was also rising. In summary: đŻ "Bulls are catching knives, bears are controlling the market" Perp CVD rising â Bulls are entering in large numbers, actively buying Price is dropping â Bears are stronger, the market absorbed these long positions without pushing the price higher OI rising â New bulls are opening positions (even FOMO-type chasing longs), but are getting "trapped" âĄď¸ Operation: Seeing perp CVD starting to decline indicates that bulls are "stopping their entries" or even beginning to "actively cut positions," so I entered short with the bears; âŹ ď¸ Closing position: Around $1.9, OI starts to decrease, perp CVD stops falling and rebounds, negative funding rates remain but when the price isn't dropping, I estimate that the main bear force is starting to close positions, hence I took profit and exited. Recently, I have incurred a lot of losses, so for operations on strong manipulated coins, I only dared to try small positions. I don't operate contracts often, hope for guidance from the experts, and also advise beginners to stay away from contracts!
Most people in the cryptocurrency world are doing useless work, because the cryptocurrency field is closely tied to a very small number of professional attributes and the cycles change very quickly. Many people are working when they should be working on projects; when they should be trading cryptocurrencies, they are working on projects; when they should be working, there are no jobs available.
Missed out on Gork, nothing can be done. Musk's call came to mind, but I didn't expect it to happen so quickly. I originally planned to get in at 10 million.
But I ended up feeding the intern and making money with AIOT. My intern is so lucky, crying. They have a salary and can still earn money. AIOT went from 7 million to 20 million now, I can only say thereâs still room for growth.
Recently, the market has been up and down, with hot topics changing back and forth. Memes occasionally generate some small gains but there's no big trend, and the hype around copycat projects is fading, with fewer meme coins being shorted. New strategies are still being explored. The industry is really hard to navigate now, the skills I've worked so hard to develop seem to change on a whim, and it's still more comfortable to rely on resources to monetize and harvest profits (is there a big brother who can guide me).