Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Recently, the interest rate hike in Japan has caused quite a stir, but to be honest, I've been wondering — how big of a splash can this really make?



In my personal judgment, purely my personal opinion, this wave of operations seems more like a cleanup of excessively leveraged long positions. After a short-term pain, it might actually create space for the upcoming larger market movements. The market is sometimes like this, first delivering a heavy blow, and then truly giving you an opportunity.

Speaking of this, I have to mention the Plume in my hand. This thing has dropped more than ten times from its peak. It really is ten times! Sometimes I wonder what qualities a project must have to fall so completely and so persistently?
PLUME-9.01%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
SoliditySlayervip
· 7h ago
Ten times the fall... Brother, you must be really resilient, I feel pain just watching you.
View OriginalReply0
FundingMartyrvip
· 7h ago
Ha, the tenfold drop is really amazing, this requires a lot of "innovation". I really can't understand the Plume situation, the question is, do we dare to catch a falling knife now? I think this round of interest rate hikes in Japan is just to give the market a wake-up call, those who are panicking are the guys who opened too much leverage. The idea of cleaning out long positions sounds nice, but we retail investors have to take the bullets, there aren't really any true opportunities left for us. Instead of pondering the project's characteristics, it's better to think about how to survive until the next bull run.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)