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PIPPIN has recently left me a bit puzzled. Today's price trend is especially nerve-wracking—several attempts at high levels—0.48, 0.49, 0.50—each time feeling like it might break through and push higher, but I had no idea how high it could go.
In the end, I couldn't resist placing an order, initially setting 2000x leverage at 0.66. But the more I thought about it, the less confident I was, so I changed the position to 500x leverage. It's a bit embarrassing to say, I was chatting casually with my mom at the time, and I didn't keep a close eye on my phone. I casually glanced at the screen and just happened to catch the market surging upward—when I saw 0.55, I was completely stunned. Before I could react and figure out what to do, the price had already skyrocketed to 0.76.
I wanted to quickly open a short position at market price to hedge, but my brain just couldn't keep up with the computer's speed. In the blink of an eye, it dropped back down to 0.58, followed by repeated small oscillations.