2025-12-31 06:25:22

A certain altcoin experienced a nearly 70% drop overnight, crashing back to its cost price within a few hours. This phenomenon is actually traceable—since its launch, the price of this coin gradually increased, rising steadily for four months, appearing calm on the surface. But the real turning point happened in that very moment.

Long positions with high leverage have basically been wiped out by now. To be honest, this is a common problem with altcoins—big swings up and down. Many people like to look for opportunities in such coins, but history has shown us that the final outcome is often not very good.

From the market reaction, it appears that the main players have mostly finished unloading. The possibility of a short-term rally is slim, so don’t expect a rebound to previous highs. Instead of blindly catching the bottom, it’s better to wait for a rebound and then find a suitable position to short, which is a relatively rational choice. Altcoins have no bottom—only lower lows. This is the harshest lesson the market has taught us.

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LeekCutter

· 11h ago

Here is the translation: --- It's the same old trick again, the four-month rally finally exhausted, this is what altcoins are all about. --- I told you, I've seen too many of these plays, those trying to bottom out are all in the hospital. --- There's no lowest, only lower. That's a really sharp statement. --- The main players are fleeing really fast, and we're still debating the rebound. --- It feels like a "don't say it if you see it" situation, but who can really avoid it? --- 70% of it just crashes back, how many people got liquidated? --- Waiting for a rebound to short? I think 80% of them won't rebound and will go straight to zero. --- Every time they say this time is different, but it turns out to be the same old story. --- Altcoins are just a harvesting machine; you have to try your luck by jumping in.

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PhantomHunter

· 15h ago

It's the same old trick again, pump for four months and crash overnight, the main players have already run away and we're still catching the bag. --- Basically, it's just a scam to harvest retail investors. Don't touch altcoins; this stuff has no bottom line. --- Shorting? I don't think there will even be a rebound, just a straight to zero. --- Looking at this chart, I can tell someone is manipulating behind the scenes. Retail investors are always the last to catch the bag. --- 70% drop? That's still gentle. I've seen it crash to dust in just one hour. --- Warning: If you see an altcoin steadily rising for four months, run immediately. That's a signal of dump. --- So it's better to stick with mainstream coins, at least they have fundamentals to support them. These junk coins will only lose money. --- Shorting during a rebound sounds rational, but I guarantee there won't even be a rebound opportunity. --- Someone is about to get trapped again. Poor them.

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DiamondHands

· 15h ago

Four months of gains wiped out overnight, I've seen this trick many times before. It's the old routine of the main players cutting the leeks; don't touch it even if there's a rebound. Shorting is the right move, don't ask me how I know. Shanzhai coins are just like this; those chasing quick profits have all ended up in the hospital. I'm just watching without acting; this time I've really learned to be smart. Wait a minute, is someone really bottom fishing? Bro, are you trying to experience it firsthand? There's no lowest point, only lower ones. I've engraved this in my mind.

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LiquidatedThrice

· 15h ago

Same old story, four months of pump and dump just for a sudden crash overnight. The main players are playing too slick. Those who missed out are always regretting it, and those caught in the trap are even more so. This is what meme coins are all about. There’s no bottom, only lower lows. I truly believe that. Dipping to buy? Bro, I’ve been through enough lessons already. This time, I’ve learned to be smarter. Waiting for a rebound to short sounds good, but I’m just afraid the rebound won’t even come. Is there still hope for this coin, or should we just write it off to zero? The main players have already sold everything they needed to. Now it’s just retail investors killing each other. I just want to know who’s still buying the dip. A 70% drop, and my little money is completely gone. Four months of gains wiped out overnight. This is a joke.

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TokenSleuth

· 15h ago

Another four-month dream, overnight returning to the pre-liberation era. A typical altcoin scam, I'm already tired of seeing it. Hold on, is someone going all-in again this time? Once the dump is done, you should run. Those still trying to catch the bottom are all leeks. There's no lowest, only lower. That saying is true. Waiting for a rebound to short? Sounds easy, but actually doing it is hard. I wouldn't even touch this kind of coin; the risk is outrageously high. A steady 4-month increase is actually the most dangerous signal. Big swings are the fate of altcoins, right? How come some people keep rushing in, their hearts really bold.

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TestnetFreeloader

· 16h ago

Another four-month scam, this is a shitcoin. How many people have been坑ed, and still want to buy the dip? They really deserve it. Shorting is the right way; there's no bottom, only lower levels. Remember this. When the main players start to sell off, you should run. Too many people are greedy. Those who buy the dip this time will be crying until next year.

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