Looking at LIGHT's recent market movement, the bulls have been completely shaken out😅 Most altcoins can't escape this curse—being cut in half by seventy percent at the most unexpected moments. This is the risk of small-cap coins.
The current market signals are very interesting. Funding rates have already dropped to -2%, and short positions have been piled up for a long time. During the sharpest decline in the past two days, even opening new short positions was impossible; no one was willing to take the other side, and it was all one-way selling.
If you still hold short positions, now might be a good time to consider taking profits. After a market plummet off a cliff, a rebound often appears right in front of you. Consider using low leverage to quietly go long around the 0.3 price level, waiting for the reversal. The trends of mainstream coins like ETH and XRP are also worth paying attention to.
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GasFeeCrier
· 9h ago
I'm very familiar with this scam in altcoins, getting caught in one round after another.
It's about to rebound again, let's wait and see if I can catch the bottom.
Entering a long position at 0.3 is a bit刺激, I'll still observe for now.
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PumpDetector
· 9h ago
ngl the -2% funding rate screams capitulation... been here before, this is where smart money starts whispering
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degenwhisperer
· 9h ago
Altcoins are like this—just a correction and they get cut in half. Can't play with that.
Looking at LIGHT's recent market movement, the bulls have been completely shaken out😅 Most altcoins can't escape this curse—being cut in half by seventy percent at the most unexpected moments. This is the risk of small-cap coins.
The current market signals are very interesting. Funding rates have already dropped to -2%, and short positions have been piled up for a long time. During the sharpest decline in the past two days, even opening new short positions was impossible; no one was willing to take the other side, and it was all one-way selling.
If you still hold short positions, now might be a good time to consider taking profits. After a market plummet off a cliff, a rebound often appears right in front of you. Consider using low leverage to quietly go long around the 0.3 price level, waiting for the reversal. The trends of mainstream coins like ETH and XRP are also worth paying attention to.