0G's recent performance has been quite testing for the mentality. When the market experienced a wave of correction, 0G couldn't remain unaffected and directly dropped to around 0.84, triggering many people's stop-loss levels. The underlying issue reflected here is quite straightforward—0G's correlation with the overall market is still very strong. When market sentiment shifts, it tends to follow downward. If the market experiences another sharp decline later, 0G will find it difficult to support itself independently, and there may be a continued risk of further decline. However, after rebuilding positions at the 0.84 level, the strategy has also been adjusted accordingly. This time, there's no longer a focus on the integer threshold of 1; instead, the focus is on the mid-term level of 0.875, where plans are to gradually close half of the position. This approach not only locks in some profits but also retains participation in any subsequent rebound.
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92ethCapy
· 6h ago
Bull Run 🐂
Reply0
SnapshotStriker
· 6h ago
0.84 this level is really sharp, dragged down again by the market, independence and such are still a bit questionable.
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ImpermanentLossFan
· 6h ago
0.84 That wave was really satisfying, the stop-loss orders probably got hit a lot.
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92ethCapy
· 6h ago
0.1$ soon
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AirdropHunter9000
· 6h ago
0.84 dropped again, I'm really speechless. When the market swings, it follows and drops with it. This independence is truly concerning.
0G's recent performance has been quite testing for the mentality. When the market experienced a wave of correction, 0G couldn't remain unaffected and directly dropped to around 0.84, triggering many people's stop-loss levels. The underlying issue reflected here is quite straightforward—0G's correlation with the overall market is still very strong. When market sentiment shifts, it tends to follow downward. If the market experiences another sharp decline later, 0G will find it difficult to support itself independently, and there may be a continued risk of further decline. However, after rebuilding positions at the 0.84 level, the strategy has also been adjusted accordingly. This time, there's no longer a focus on the integer threshold of 1; instead, the focus is on the mid-term level of 0.875, where plans are to gradually close half of the position. This approach not only locks in some profits but also retains participation in any subsequent rebound.