In the early hours, the price of $LIGHT followed a typical market maker coin pattern. It slid from $4.6 all the way down, eventually falling below the $1 mark, with a drop nearing 80%.
Interestingly, just the day before, many people were shouting in the square, "This coin must not be touched," claiming that the main funds were active, the market depth was astonishing, and the risks were frighteningly high. Before the words even faded, the price started to change drastically. Those analyses, no matter how confident, appeared particularly pale in the face of the real market situation.
The winners of this round of operations are very clear—the funders made a killing, while retail investors were not so lucky. Being trapped in spot trading is one thing, but some even faced liquidation on contracts, with the total liquidation amount reaching $6,517,900. The additional leverage amplified the profits but also magnified the losses.
This is actually the truth of the market. For coin types controlled by strong market makers, the trend logic can hardly be understood by anyone. Rising today and falling tomorrow, the规律 cannot be articulated, and it can only rely on probability and luck. Those with experience have long realized this point: **buy when no one is paying attention, sell when everyone is chasing after it**. This is not some profound theory, but the simplest truth of market games.
Looking at this scene, there are many places that need reflection.
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SerumDegen
· 23h ago
ngl, that 80% cascade on $LIGHT is just textbook liquidation theater... whale watching at its finest. 651.79M in blown positions? amateur hour trying to fight the market structure lmao
In the early hours, the price of $LIGHT followed a typical market maker coin pattern. It slid from $4.6 all the way down, eventually falling below the $1 mark, with a drop nearing 80%.
Interestingly, just the day before, many people were shouting in the square, "This coin must not be touched," claiming that the main funds were active, the market depth was astonishing, and the risks were frighteningly high. Before the words even faded, the price started to change drastically. Those analyses, no matter how confident, appeared particularly pale in the face of the real market situation.
The winners of this round of operations are very clear—the funders made a killing, while retail investors were not so lucky. Being trapped in spot trading is one thing, but some even faced liquidation on contracts, with the total liquidation amount reaching $6,517,900. The additional leverage amplified the profits but also magnified the losses.
This is actually the truth of the market. For coin types controlled by strong market makers, the trend logic can hardly be understood by anyone. Rising today and falling tomorrow, the规律 cannot be articulated, and it can only rely on probability and luck. Those with experience have long realized this point: **buy when no one is paying attention, sell when everyone is chasing after it**. This is not some profound theory, but the simplest truth of market games.
Looking at this scene, there are many places that need reflection.