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This weekend was a bit unexpected—risk-avoidance is heating up. For some, it’s a surprise; for others, it’s a fright. Some made it all in one trade, while others got wiped out with a huge loss……
Shanzhai: how wild the performance was during the weekday phase this week, and how miserable it was over the weekend—especially RAVE and ORDI (Audi).
As I also emphasized earlier: a rebound is a good thing, but don’t mistake a rebound for a “Shanzhai bull market.” If it’s time to take profit, then take profit; if it’s time to stand down, then stand down!
Because for Shanzhai season, I’ve never had any expectations at all. I missed RAVE this time, but with Audi, my small gain near 7.7 ran out early—I even snapped my thigh, because when you’re in the middle of the weekend, it’s inevitable to feel a bit uneasy.
Shanzhai: this round—spiking up and then pulling back—is clearly what happens when the insiders buy low to pump the price, then dump it, and then thoroughly harvest the whole wave. The crazier the market gets, the more you need to stay calm and wait for opportunities……$BTC