Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Look at the trend of $RIVER, then compare it to the performance of $FOLKS— the tactics are basically the same, only this time the manipulator's methods are more aggressive.
To put it plainly, this is a classic long and short double trap pattern. When going long, they keep suppressing the price; when shorting, they rely on funding rates to harvest. They can wipe out retail traders' margins by at least 50% within a single day. After the spike, the manipulator lurks with long orders at low levels, then pushes the price up and pulls back to create a downward expectation—left hand gives, right hand takes, cycle repeats.
Key data clearly shows the issue: the entire liquidity pool is only in the millions, but concentrated in the hands of a few. The manipulator can push up or down whenever they want, without restraint. No need to rush to dump and sell off; daily oscillations at high levels harvest the short-term funding from the short sellers. Isn't a 300%-500% annualized return attractive? Holding for days, months, or even a year is all feasible.
How long can retail traders withstand? Nobody knows. Coupled with some big players and mysterious operations in certain markets, it takes too long for this coin to fall back to single digits. The short sellers will be the first to collapse. The manipulator who pushed from $1 to over $40 has the capacity to continue pushing to $100 or even higher—you can never guess when they will exit.
Don’t trade in the short term anymore. The essence of this kind of project is that controlling the market costs nearly nothing, until no one dares to stay in, then they consider exiting. The $45 level isn’t a high point; the upward space for the manipulator is much larger than you imagine. And all those calls for long or short positions, and various theories about coins about to explode, are all within their calculations. Human greed will ultimately be precisely targeted.
A loss of $4000 is enough as a lesson. The $28 level is unstable, and behind it are continuous funding rate squeezes and the manipulator’s harvest. Instead of continuing to average down, it’s better to cut losses in time; otherwise, you might face a deep lock-up of $10,000 to $20,000.