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When the 160 million short orders got dumped, my trading software froze for half a second. By the time the page refreshed, a certain Mainstream Token had already broken through the support level.
The messages in the trading group are jumping around even more joyfully than the candlestick chart:
"Which deity is this? In a hurry to抢投胎名额?"
"Is the whale using cheats? It always steps so accurately!"
I was flipping through the on-chain data, my hand getting colder and colder - last time it was even more extreme, a certain big shot had his short order placed 60 seconds before he even spoke. By the time the phrase "negotiations continue to advance" came out, there was already 190 million lying in his account.
This is not technical analysis at all, it's clearly acting with a script.
Suddenly remembered last year's crash: the entire market turned dark green overnight, starting with a drop of 60%. My SOL plummeted from 120U to 40U, staring at the screen for three days and nights, and only realized when I cut my losses that all the earnings from the previous half year had evaporated. It was only after reviewing that I understood — the dumbest thing at that time was to hold on with the fantasy of "waiting for a rebound." When the giant whales dump, the little retail investors' positions can't hold on for a few rounds at all; the longer you hold, the more you lose.
Recently, there’s a joke circulating in the market: it is said that the son of a certain big shot made 80 million U by trading coins. Coupled with the fact that whales always time their moves—either before regulatory announcements or major news releases—you will realize that the gap between retail investors and them is not about any indicator formulas at all.