Is PUMP now the "hope of the whole village" or the "last baton"? The data is right in front of us: PUMP's volume on Gate has reached the top, with a 24-hour trading amount surpassing BTC. This is the power of sentiment trading.



However, a large volume does not equal no risk. 🐂 The bullish sentiment is still there, but once the selling pressure rises, the downside space can open up quickly. My current approach is:

Spot small position taking profits

Low-leverage short contract

Strict take profit and stop loss

At times like this, mindset is more important than skills. What about you? Are you still chasing or have you already taken profits?
PUMP3.78%
BTC-1.5%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)