This wave of market activity has come to a complete end. Speaking of the manipulation tactics used to pump this coin, they are truly textbook level. The entire process relies on continuously short squeezing to drive the price up, gradually clearing out the short positions. When there is a lack of counteracting force, the upward momentum naturally halts.
The key point occurs around the 30 USDT mark—most people's stop-loss level. Once this area is reached, the shorts are essentially forced out. At this moment, the real game of reverse harvesting begins.
The strategy is very套路. First, change the funding rate to be collected every hour. Under high funding rates, shorting is not profitable at all, and instead, it attracts more longs to follow the trend. The result is brutal—longs see their principal eaten away by the funding rate, while shorts, although showing floating profits, have their gains eaten up by the funding rate. Neither side gains an advantage. In the end, regardless of which side you choose, the only true winners are the exchanges.
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MidnightSnapHunter
· 7h ago
Damn, I got wiped out by the exchange again. I've seen this trick way too many times.
That's why I only do spot trading now; futures are really a gambler's game.
That 30u level was brutal. I got liquidated right there, but luckily I didn't go all in.
The fee structure is really insane—charged every hour? Exchanges really do whatever they want.
Honestly, I can't understand it. Both bulls and bears got completely wiped out, only the exchange made a fortune.
Another perfect teaching case. I'll probably have to pay tuition again next time.
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rugpull_survivor
· 7h ago
Fee rates are really something else; exchanges are the biggest market makers.
Exchanges don't care whether you profit or lose; they make a killing just on fees.
This 30u point is really ruthless, precisely harvesting stop-loss orders.
Another round of leek farming, I bet five bucks next time it's the same routine.
Manipulating the market to trigger short squeezes has become boring; it's just one routine after another.
Being drained from both ends—that's what you call mutual exploitation.
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AirdropNinja
· 7h ago
Another game repeatedly ravaged by high fees, the exchange is the happiest, haha
Bears can't do it, and bulls also feel uncomfortable. That's what I mean—never go against the market maker
The short squeeze tactic is really brilliant, cutting through batches at 30u one after another. I really admire this move
But to be honest, the chances of winning in this game are really slim. Instead of trying to squeeze the market, it's better to just relax
High fees kill everyone, this is the secret to huge profits in business
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LiquiditySurfer
· 7h ago
Same old story, the fee rate trick is really clever, both sides get cut. The exchange is actually the final big player.
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FadCatcher
· 8h ago
Damn, got cut again by the exchange. Fees are really like vampires.
I'm tired of the stop-loss tricks, it's always the same.
I was also in that 30u move, ended up losing a lot. Now I realize both bulls and bears are just supporting roles.
This wave of market activity has come to a complete end. Speaking of the manipulation tactics used to pump this coin, they are truly textbook level. The entire process relies on continuously short squeezing to drive the price up, gradually clearing out the short positions. When there is a lack of counteracting force, the upward momentum naturally halts.
The key point occurs around the 30 USDT mark—most people's stop-loss level. Once this area is reached, the shorts are essentially forced out. At this moment, the real game of reverse harvesting begins.
The strategy is very套路. First, change the funding rate to be collected every hour. Under high funding rates, shorting is not profitable at all, and instead, it attracts more longs to follow the trend. The result is brutal—longs see their principal eaten away by the funding rate, while shorts, although showing floating profits, have their gains eaten up by the funding rate. Neither side gains an advantage. In the end, regardless of which side you choose, the only true winners are the exchanges.