2025-12-27 05:21:44

$LIGHT experienced a surge in long positions at 10:30 AM, and some voices on the square also started to rise. Many newcomers followed the trend and rushed in. To be honest, this type of project is not very suitable for beginners, as the market can be manipulated quite heavily by the big players.

Although there may be a rally next, now is not the time. At least wait until the next unlocking period to see a real upward trend. The current stage is a typical downward pin pattern—aimed at clearing out investors who mistakenly think the bottom has been reached and are eager to buy the dip.

At this point, the market appears to be falling, but in reality, the main force is completing a shakeout process. Beginners are especially prone to losing out during this phase because their mindset can be easily disturbed by short-term fluctuations. The market rhythm is controlled by large investors, and retail traders often can't keep up.

LIGHT-5,8%

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LiquidationWatcher

· 34m ago

ngl, seen this exact pattern way too many times... the fomo crowd jumping in at 10:30 never ends well. been there, lost that back in the leverage days. these whale moves always look like pumps until they're not, you feel me?

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SneakyFlashloan

· 16h ago

The wave at 10:30 was probably all retail investors, this shakeout is really fierce. Another typical retail slaughterhouse, if your mentality isn't strong enough, it's better not to touch. Unlock period? That will take a long time, I think I'll just wait and see. Newbies just come in to send money, the manipulators' tactics are too elaborate. That's why I only watch but don't move; I just can't keep up with the rhythm.

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AirdropAnxiety

· 16h ago

It's the same old story, just shake out and clean up the stops. Beginners really shouldn't touch this kind of thing, they jump in at 10:30 like a gust of wind, only to be trapped. The big players are holding the cards, we're just the leeks. Waiting for the unlock period in this wave? Will there still be people then? That's hilarious.

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BtcDailyResearcher

· 16h ago

It's the same old wash trading theory again, always saying to wait for the unlock period or the main force's actions. And what happens? Retail investors have already been completely harvested. Newcomers really shouldn't touch this kind of thing. By the time you realize it, you're already half-baked.

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WalletDetective

· 17h ago

It's the same old manipulation theory again; beginners have to pay tuition fees when they come in. The market maker holds the rhythm, and we passively get beaten; why bother? Waiting for the unlock period? How long do we have to wait? Our mentality has already collapsed. You're right, everyone who enters now is cannon fodder. I feel anxious for them. A spike is just a spike; don't give it so many names. This is the truth, but unfortunately no one listens. You have to fall on your own to understand.

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DefiPlaybook

· 17h ago

Based on on-chain data, the wave of position building at 10:30 on LIGHT indeed showed obvious abnormal trading characteristics. Although TVL has increased in the short term, the holder concentration has soared to over 68%, which is a typical signal of a whale controlling the market. Novice investors should really avoid such high-risk assets. From three perspectives, it’s not worth it — firstly, liquidity is fragile; secondly, the smart contract risks have not been fully audited; thirdly, the token unlock mechanism is designed to harvest retail investors. The so-called "downward pin" in technical terms is liquidity hunting, where the main players are using this to sweep away stop-loss orders. Let’s wait and see; the next unlock period is truly the time to see the real situation.

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