Today I took a look around and didn't find anything good for short-term trading. $lab can be observed further. It feels like the previous high; if the main players want to break it, they'll break it. Yesterday a bunch of people believed the chain detective gangsters' nonsense. Many shorts are trapped near the 3.6 level, and then the bottom longs were also cleared, pushing the cost up. Both longs and shorts holding positions now find this price level very uncomfortable.
At 3.6-3.8 about 20 points have been trapped; those with more than 5x leverage have already been wiped out. However, retail traders now keep positions very small for this coin: 5x leverage opens 5wu, 4x opens 10wu, 3x opens 25wu, gradually grinding down. The market's own short squeeze may force liquidation of most 3-4x users.
Both waves of SKYAI at 5.5-6.5 feel like market behavior; if SKYAI experiences a rapid crash to 5, I'd definitely go in for a short-term play, and it would definitely rebound.
Additionally, today the chain is spitting again, organizing a pack is a good thing; maybe people actually didn't make money and lost money, but who can reason with them? As long as they shout, it's organized. This kind of atmosphere is hard to sustain, so in the end, even when a true gem is discovered, they stay silent; if they speak, the price drops and it's a pack to cut the chives.
I'm just out of money now; when I have money, I'll definitely play pack trading, even I can pack alone, buying doesn't need to find people to exit liquidity. The market will most likely naturally discover this as a true gem; the base has many projects with good community, dev teams, resources.
