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LIT airdrop recently credited, with transaction numbers reaching tens of thousands of U. This timing is quite delicate, followed by a surge in hedging positions and shorting activities. Friends who want to follow the trend and short should be very cautious at this point. My view is that small long positions can be considered for building, but be sure to set proper stop-losses. Don't underestimate the power of the big players—they are very likely to defend the price, or even directly push the price up to squeeze out shorts. I want to emphasize three times: set stop-loss, set stop-loss, set stop-loss! The long-term logic still leans bearish, but short-term rhythm must be well controlled; stop-loss is your lifeline.
Short-term rhythm is really hard to grasp. Instead of following the trend to short, it's better to wait and see.
How many times have I said to set stop-losses? Some people still don't listen. They truly deserve to be liquidated.
The game of market makers pulling up the price to squeeze out shorts happens every year. Retail investors just don't learn their lesson.
LIT's rebound... is a bit fierce. I'm still more comfortable testing with small amounts.
Long positions can be built, but the stop-loss level must be set correctly; otherwise, it's suicide.
Honestly, there's nothing wrong with the long-term bearish logic, but I'm just worried about being hammered in the short term.
I've seen too many instances of market support; next step, they will squeeze out the shorts.
Setting stop-loss really, otherwise it's more troublesome than cross-chain bridges
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The part about stopping losses three times was brilliant. Does anyone really not set stop-losses?
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Airdrop of tens of millions of U, just waiting here to harvest the chives.
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Short-term support and long-term bearishness, I agree with this logic. Don't get caught in the pump and dump.
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The key is to grasp the rhythm, which is really hard to control.
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Setting stop-losses is the only way to survive, absolutely right.