#美联储重启降息步伐 $COMMON This round, I set up short positions around 0.0069 and eventually exited smoothly with a profit of 1800U.
Reviewing this operation: COMMON's previous surge was too strong, and after short-term funds gained significant profits, they inevitably chose to cash out. The iron law of the crypto market— the faster the pump, the harder the dump. This pullback was mainly due to the concentrated exit of short-term holders.
In theory, COMMON still has the potential for a second wave. But it’s important to closely monitor volume changes and key support levels; if volume continues to shrink and support is broken, it may face a prolonged consolidation or even further downside risk.
Today, I’ll continue to look for opportunities in altcoins. If you’re struggling to find direction in the market or want to turn losses around but don’t know where to start, feel free to reach out for discussion.
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FudVaccinator
· 12-08 21:01
Sold for just 1800U? That's a nice move, but it still feels a bit early...
It's the same old theory: rapid pumps followed by hard dumps. How many times have I said this, bro?
Let's wait and see about the second wave; the key is still to look at the trading volume.
Things are getting interesting with SOL lately. I haven't been paying much attention to LAB.
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BoredRiceBall
· 12-08 14:08
1800U is already out? That's pretty fast, I'm still waiting for the second round of COMMON. With the current volume contraction, it feels a bit risky.
The harder the dump, the quicker the pump—nothing wrong with that logic, just didn’t expect it to trigger this fast this round.
What’s your take on SOL these days? Any thoughts to share?
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MetaverseMortgage
· 12-08 08:21
1. Sold at 1800U, really playing it safe, this is just the beginning.
2. Whether there’s a second wave or not, the key is if the volume doesn't keep up, it’s a dead end.
3. Starting to dig into altcoins again, every time it’s the same story and ends up with heavy losses.
4. People who bought in at the top of pumped coins like COMMON must still be crying.
5. I’ve heard the “breaks support on low volume” line too many times, it’s still just gambling.
6. What’s the point of closely watching SOL and LAB? Might as well just get in on SOL, it’s more reliable.
7. Can’t find direction to discuss? Uh, sounds risky, better do your own research.
8. The profit this round is decent but nothing special, can’t compare to the LUNA wave before.
9. Saying short-term holders are leaving sounds nice, but it’s really just the whales dumping.
10. Shorting at 0.0069, that’s some amazing timing.
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GasGrillMaster
· 12-08 08:13
The harder you pump, the harder you dump. This is the eternal truth of the crypto world.
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Sold at 1800U, I need to hurry and catch this SOL opportunity.
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Still wondering if COMMON will have a second wave? Just look at the volume and you'll know.
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Feels like all the altcoins are waiting for the Fed's next move.
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If the support level breaks, it's over. You really have to set your stop-loss properly this time.
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BlockchainWorker
· 12-08 08:08
Ran at 1800U, that's quite the mindset. But I'm still betting on the second wave, let's see the volume.
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The faster it pumps, the harder it dumps—it's really true, every time it plays out like this.
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If it breaks support on low volume, it's over. Then it's just another story of getting deeply trapped.
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How's SOL been these past couple days? Anyone following it?
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I didn't get in on COMMON, kind of regret watching it pump, haha.
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If you really can't find direction, you should come chat. Blindly trading will only make you lose faster.
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These so-called key support levels, you only realize they're a joke after they break.
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Time to mine alts again, and I still haven't learned my lesson from last time.
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1800U might not be much for some of you, but for retail investors, being able to get out is already pretty good.
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What do you think of LAB? Feels like it's not as hyped as COMMON.
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CryptoGoldmine
· 12-08 07:54
The 1800U return rate looks good, but from the perspective of computing power to earnings ratio, this kind of short-term fluctuating return is actually unstable. In the long run, it's still important to focus on the fundamentals.
To be honest, this wave of COMMON does fit the typical pattern of altcoins—after a rapid surge, a drop is inevitable, and the risk is highest when trading volume shrinks.
However, I've also been tracking SOL and LAB recently. Their data performance is decent, but I'll wait for a confirmed bottom before considering when to enter.
This review method is good, but what I'm more concerned about is who can maintain sustained computing power growth in the next cycle.
#美联储重启降息步伐 $COMMON This round, I set up short positions around 0.0069 and eventually exited smoothly with a profit of 1800U.
Reviewing this operation: COMMON's previous surge was too strong, and after short-term funds gained significant profits, they inevitably chose to cash out. The iron law of the crypto market— the faster the pump, the harder the dump. This pullback was mainly due to the concentrated exit of short-term holders.
In theory, COMMON still has the potential for a second wave. But it’s important to closely monitor volume changes and key support levels; if volume continues to shrink and support is broken, it may face a prolonged consolidation or even further downside risk.
Today, I’ll continue to look for opportunities in altcoins. If you’re struggling to find direction in the market or want to turn losses around but don’t know where to start, feel free to reach out for discussion.
Key focus today: $SOL $LAB