H coin has rebounded from the bottom, and the rise has nearly reached 5 times. This trend is indeed fierce. However, looking closely at the current price level, it feels like it has indeed been overhyped. To be honest, the fundamentals of the tokens in this zone cannot support such a market capitalization.
Based on the current price of 0.177, the rebound space and risk ratio are already very imbalanced. If the market adjusts, this price can easily go back to around twice the market price. Instead of chasing the high, it's better to open a short position directly at the current location and wait for adjustment opportunities. This kind of strategy is particularly common in bear markets—overvalued small coins often rise quickly and fall quickly as well.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
3
Repost
Share
Comment
0/400
AirdropJunkie
· 12-23 14:54
The 5x rise is indeed fierce, but getting on board now is just being a dumb buyer.
Entering short positions at this price level is the proper operation.
View OriginalReply0
just_another_wallet
· 12-23 14:50
A 5x rise sounds great, but the fundamentals can't keep up, it's only a matter of time before a pullback.
Have the short positions set their traps? Anyway, this kind of coin is destined for rapid rises and falls.
I really don’t dare to chase at the price of 0.177, it's too dangerous.
I see this rebound as just a false surge, let's wait for the adjustment.
That's how small coins operate, they rise fiercely and fall just as fiercely, those who understand, understand.
View OriginalReply0
BlindBoxVictim
· 12-23 14:46
Another one trying to get me to chase the price? No, buddy, I've learned my lesson this time.
Huh, it's five times now? Goodness, this is just a game of passing the buck.
0.177 at this price? Just looking at it makes me uncomfortable; things that can't hold up on the fundamentals will eventually pull back.
---
Short positions are opening up; just wait for it to fall back, this wave is steady.
---
It's always like this; no one listens to advice when it rises, but they start regretting when it falls, haha.
---
To be honest, I’ve already stopped touching this zone; I've played people for suckers too many times.
---
Absolutely right, the routine with small coins is something experienced players know well: quick in and out.
---
Chasing at this position is really brave, everyone.
H coin has rebounded from the bottom, and the rise has nearly reached 5 times. This trend is indeed fierce. However, looking closely at the current price level, it feels like it has indeed been overhyped. To be honest, the fundamentals of the tokens in this zone cannot support such a market capitalization.
Based on the current price of 0.177, the rebound space and risk ratio are already very imbalanced. If the market adjusts, this price can easily go back to around twice the market price. Instead of chasing the high, it's better to open a short position directly at the current location and wait for adjustment opportunities. This kind of strategy is particularly common in bear markets—overvalued small coins often rise quickly and fall quickly as well.