$BULLA ‌

BULLAUSDT
Let me update everyone on how I ambush BULLA.
First, I’ll lay out one clear piece of data: the contract open interest is nearly 1.5 billion. What does this mean? Spot has at most 1 billion coins. But the contract open interest has reached 1.5 billion. The futures market opened a quantity that’s more than half of the spot volume in advance. This means that in the future, this coin will inevitably be a scene of blood and fire, with violent pumps and violent dumps—violent dumps followed by violent pumps.
What stage are we at right now? The main force uses funding fees to continuously wash out positions; on the contract side, longs are currently paying about 1%-2% in funding fees every day. If the long side holds on for half a month, at least 20% of the money in the positions will evaporate. In this kind of situation, how do you go long?
For example, taking myself as a case: right now I have 0.008 and 0.007 spot base positions, 1000u each, with an average price of 0.0075. This can ensure I don’t get left behind. On top of that, I short 1wu on the contract, with liquidation at above 0.03. I buy 1wu spot at a limit price—no slippage. I eat the funding fees every day; it’s 100-200u per day. And I set up a trigger stop-loss and take-profit insurance to prevent the main force from suddenly pumping and liquidating me. I personally check the coin price every 2 hours to see whether there are any abnormal moves.
If the coin price drops further, that’s exactly what I want. Then I will close the short positions in sequence at 0.006, 0.005, 0.004. It’s essentially like buying to go long—and it’s on the spot side, with no funding fee pressure. #Gate广场四月发帖挑战