Recently, the concept of stablecoins has been very popular, and the hot cryptocurrencies from a while ago have been rediscovered. However, too many people are lurking, and the price was pushed down again—this shows that many people have recognized the situation. I removed them from my watchlist two days ago, not planning to catch the bottom. It's not that I don't see the opportunity, but I mainly feel the risk is too high. Currently, various short positions are flying in the related pools, but I am not following the trend for now. I'll wait until the situation becomes clearer before taking action.



The overall market is in a correction, and small-cap coins are also under pressure, so I haven't paid special attention to those small targets. Some cultural concept coins saw a rise after launching contracts, but the gains were not significant, and they have been slowly declining afterward. Ultimately, it's still a matter of market sentiment. These past two days, the market has been particularly quiet, with no significant fluctuations. Let's wait for signals to appear.
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MidnightTradervip
· 01-12 11:06
Stablecoins have indeed taken a lot of people this time. I also deleted mine; those betting on a rise are all trapped. Wait, you said the market is quiet? Why do I feel like it's fluctuating every day? Maybe the pools you're watching are different from mine. Where there are many people, the risk is indeed high. A wise choice. By the way, when will this wave of pullback finally recover? Feeling anxious. Shorts are flying everywhere, which is indeed dangerous. I'd rather miss out than get liquidated. Market sentiment is poor, that's just how it is. Everything is falling; let's wait for the rebound, everyone. I'm also waiting for signals. Anyway, I don't have much idle cash, ready to act at any time. Thinking about bottom fishing, but forget it. It's too risky to act now.
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StopLossMastervip
· 01-12 10:51
Stablecoins have really been hammered this time, I also ran early. Catching the bottom is not worth it; wait for signals. It's even more dangerous when short positions are everywhere. This is the prelude to a leek harvest. The market is so quiet that it actually makes people a bit uneasy. Being cautious is not wrong.
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BloodInStreetsvip
· 01-12 10:51
Me too, the risk is too high so I’m not playing anymore. Waiting for bad news before making a move. Lying in wait with so many people, it’s clear there will be bloodshed later. The wise choice is to watch from the sidelines. The contract just launched with a wave... I’ve seen this routine too many times. Once it’s cut, no one will care. The market is so quiet, it’s usually the calm before the storm. Why panic? Entering the market when the trend is unclear is just asking for death. I choose to lie flat and watch the show. If this bottoming attempt really succeeds, I’ll eat my words live, but most likely I’ll be caught in a new trap. Dropping it shows smart people are offloading. I won’t follow this relay anymore. Cultural coin’s rise is so weak... and some still dare to chase? Truly brave.
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GasFeeVictimvip
· 01-12 10:47
I also see through this wave of stablecoins — it's just the main players dumping to shake out retail investors. When short positions are flying everywhere, that's the most dangerous time. Wait, are you saying that people are really copying those cultural coins? The market has been so quiet these past couple of days. I agree with removing the watchlist step. Instead of gambling, it's better to stay flat and watch the show.
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AmateurDAOWatchervip
· 01-12 10:28
Stablecoins are indeed a bit weak this time; with so many people lurking, a dump is only a matter of time. Short positions are everywhere, and you're still daring to follow? Brother, your mindset is fine. The market is too quiet, feeling a bit oppressive. The rise of cultural coins was really disappointing; it's still sliding down now. Wait for the signal to act; this wave is stable.
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