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

#数字资产市场观察 has been quite prominent on the rise list recently. A few days ago, a fren who was shorting asked me what to do, and I directly suggested a stop loss exit - for such a clearly trending order, holding on will only result in more losses. He later took my advice and cut his position to exit within a tolerable range.



Why do you say that? The on-chain data is right there: there is continuous capital inflow, obviously large holders are building positions. When the trend is upward, many retail investors don’t understand the direction at all and rush to open orders, which naturally ends in liquidation. Even more absurdly, some people see a small coin rise and mindlessly short it, without even checking the project's fundamentals or caring about how the on-chain funds are flowing. To put it bluntly, isn’t this just giving away money?

Shitcoins need to keep an eye on on-chain movements. If you don't understand the trend, don't operate recklessly.

$TRADOOR $SOL
ETH-9.76%
SOL-10.02%
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
  • 4
  • Repost
  • Share
Comment
0/400
LayerZeroHerovip
· 7h ago
On-chain data does not lie, and the flow of funds is clear at a glance; this is the basic skill for trading, isn't it?
View OriginalReply0
StablecoinGuardianvip
· 7h ago
A typical reverse operation, daring to short just because you see a rise, it's really giving away money. Large Investors are accumulating while you're still going against the trend, your awareness is insufficient. On-chain data is all clear, those who insist on going against the trend are just suckers. Listening to your fren's decision is still the smart choice, timely stop loss is the real skill to survive.
View OriginalReply0
MevHuntervip
· 7h ago
In the face of trends, you really have to admit defeat. If my buddy hadn't listened to the advice, he would probably still be trapped right now. On-chain funds are the real deal; those who blindly follow the trend have long been Get Liquidated. Alts are just like that. If you don't understand them, don't touch them, or you'll just be handing over money.
View OriginalReply0
CryptoSourGrapevip
· 7h ago
If I had understood the on-chain data earlier, it would have been great. Seeing others buy the dip now makes me feel so sour.
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)