MSTR and BMNR both surged today, both breaking above a 10% increase, which looked quite satisfying. But now they are pulling back sharply, leaving only about 2% profit above the opening price. Such rapid pullbacks from high levels should indeed raise caution.
The pattern of quick rise and fall in the short term often indicates insufficient liquidity or changes in market sentiment, which can easily hurt those following the trend. At this position, entering the market requires caution, as the risk level has been raised significantly.
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LonelyAnchorman
· 6h ago
10% to 2%, this contrast is incredible, a typical trap to lure more buyers.
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GateUser-e51e87c7
· 6h ago
A 10% increase is immediately wiped out—that's the daily routine in the crypto world. So exciting!
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RugPullSurvivor
· 6h ago
A 10% surge instantly evaporated to 2%, this is the usual operation in the crypto world. What else can we do?
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TokenDustCollector
· 6h ago
10% instantly shrinks to 2%, this is the charm of crypto, you need to have a strong mindset.
MSTR and BMNR both surged today, both breaking above a 10% increase, which looked quite satisfying. But now they are pulling back sharply, leaving only about 2% profit above the opening price. Such rapid pullbacks from high levels should indeed raise caution.
The pattern of quick rise and fall in the short term often indicates insufficient liquidity or changes in market sentiment, which can easily hurt those following the trend. At this position, entering the market requires caution, as the risk level has been raised significantly.