Liquidity around $3.23 for ICP has been heavily absorbed. In today's market, the frequency of forced liquidations of ICP shorts is five times higher than that of longs, but this actually indicates a phenomenon—most liquidity is still in the process of dissipating. I previously analyzed that these big players like to create false trading interest on the order book to induce retail investors to follow the trend. Behind seemingly simple buy and sell signals, there are actually carefully designed traps. It is precisely because of this that I have always insisted on not using leverage for crypto asset trading—risks are simply uncontrollable. The lesson learned from real money is: stay rational and stay away from leverage.
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WhaleMistaker
· 01-06 13:43
Leverage is really the perfect tool for cutting leeks. Big players manipulate the market with fake orders to scam retail investors and then run away, leaving us with nothing.
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Shorts being cleared 5 times? Basically, it's just a harvest. I'm tired of all those tricks in the order book.
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Avoiding leverage is the right choice. Appearing conservative is actually the way to survive the longest.
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This round of ICP is just the whales sucking blood again. Liquidity dissipates and it still rises? Haha, just a routine trick.
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The lessons learned from real money are the most painful. How many people have gone from being wealthy to beggars because of a single leverage position?
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0xSleepDeprived
· 01-06 05:23
Leverage is really a tool for cutting leeks; watching the big players play with order books just makes me want to laugh.
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pumpamentalist
· 01-05 01:56
Leverage is really a meat grinder for big players; retail investors simply can't compete.
Short positions have been cleared more than 5 times... This number is quite ironic, what does it indicate? It shows that there is no real liquidity at all.
I agree not to touch leverage, but the problem is, how many people can really resist?
Those fake signals on the order book... I've seen too many times before, and I forget as soon as I recover.
ICP at this price level isn't very attractive, and with liquidity dissipating, dare to rush in?
That's why I only do spot trading; sleeping is the best strategy.
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Web3ExplorerLin
· 01-05 01:56
hypothesis: the 5x liquidation asymmetry you're describing... that's basically the oracle network of market manipulation, innit? big players are literally bridging the gap between real liquidity and perceived liquidity through order book illusions. reminds me of byzantine generals problem but with actual money on the line lol
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TokenomicsTherapist
· 01-05 01:53
Shorts being wiped out five times indicates what? It shows that big players are just harvesting, nothing new.
Retail investors are being wiped out while still watching the order book; they should have learned to be smarter long ago.
Leverage is really something you should avoid; I've seen too many stories of people going broke overnight.
Liquidity around $3.23 for ICP has been heavily absorbed. In today's market, the frequency of forced liquidations of ICP shorts is five times higher than that of longs, but this actually indicates a phenomenon—most liquidity is still in the process of dissipating. I previously analyzed that these big players like to create false trading interest on the order book to induce retail investors to follow the trend. Behind seemingly simple buy and sell signals, there are actually carefully designed traps. It is precisely because of this that I have always insisted on not using leverage for crypto asset trading—risks are simply uncontrollable. The lesson learned from real money is: stay rational and stay away from leverage.