🔥 Gate Square Event: #PostToWinNIGHT 🔥
Post anything related to NIGHT to join!
Market outlook, project thoughts, research takeaways, user experience — all count.
📅 Event Duration: Dec 10 08:00 - Dec 21 16:00 UTC
📌 How to Participate
1️⃣ Post on Gate Square (text, analysis, opinions, or image posts are all valid)
2️⃣ Add the hashtag #PostToWinNIGHT or #发帖赢代币NIGHT
🏆 Rewards (Total: 1,000 NIGHT)
🥇 Top 1: 200 NIGHT
🥈 Top 4: 100 NIGHT each
🥉 Top 10: 40 NIGHT each
📄 Notes
Content must be original (no plagiarism or repetitive spam)
Winners must complete Gate Square identity verification
Gat
#以太坊行情技术解读 LIGHT dropped from 1.18 to 0.74, this move earned over 10,000 USDT
Recently, things have gotten interesting. A certain meme coin's pattern has reappeared—the sharp spike early on followed by a straight decline, with clear funding rate signals. The套路 of these coins is actually quite simple: the whales distribute, retail investors buy in, then it’s a round of sharp decline. I used 10x leverage to short, and directly gained 10,677 USDT, with a return of +587%.
Honestly, the most comfortable way to catch this kind of market is to not expect it to bounce back. Shorting at high levels is the fate of these coins.
ETH follows a different approach. This guy is now genuinely consolidating, with candlesticks poking up and down, oscillating all day. The bulls and bears are fighting here, the main players are exercising patience and shaking out chips. If you act at this time, you’ll either get eaten alive by fees or get liquidated by the poking candles—this is what’s called a "meat grinder" market.
My advice is straightforward:
**For coins like LIGHT**—take profit and run. Don’t bother talking about patterns, secure your gains. Prevent the whales from pulling a trick back.
**For ETH at this stage**—keep your hands steady. The consolidation is just gathering strength. Until there's a clear breakout in either direction, anyone who moves is a leek. Better to miss the move than to go against the trend.
The core logic of trading is actually just waiting. Most of the time is spent observing the market, and at critical moments, placing bets. Keep your USDT steady, wait for Ethereum to break out of this range, or wait for the next opportunity similar to LIGHT to appear, then go all in.
$LIGHT $ETH