"Weekend rallies are often traps, intended to trigger larger sell-offs during the week." I was right. Liquidity started to appear on Sunday night, and with everyone bullish, it was a heavy blow to the bulls.
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Tuso哥
We are now seeing a large influx of long positions, which is actually good for our short position setup because they provide liquidity for the next decline. Be cautious of this price movement; weekend rallies are often traps aimed at triggering larger sell-offs during the week. #Gate广场发帖领五万美金红包
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NewbieYRR
· 2h ago
Fortunately, I didn't pursue it too far.
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Tuso哥
· 3h ago
Dog whales use the same tactics every day: enticing longs to buy and then killing them, enticing shorts to sell and then killing them.
"Weekend rallies are often traps, intended to trigger larger sell-offs during the week." I was right. Liquidity started to appear on Sunday night, and with everyone bullish, it was a heavy blow to the bulls.