#美联储重启降息步伐 $COMMON This wave looks pretty lively, and I bet quite a few people are already lining up on the rooftop.
When I first noticed this token, it had just hit a clear resistance level on the 4-hour chart. Looking at the market structure, the signs of accumulation at the bottom were obvious—a classic pump-and-dump move. I decisively set up a short position, and this drop directly cut those who chased the pump in half.
Honestly, I’ve seen this kind of price action too many times—one moment you’re celebrating unrealized gains, the next you’re liquidated or deeply trapped. Going from paradise to hell only takes a few candlesticks 😂
That’s the market for you. When retail is chasing the pump, it’s often a signal that the project team is selling. If there’s heavy volume and stagnation near a short-term resistance, you can pretty much assume the big players are offloading. The recent $COMMON action once again proves this logic.
Next, I’ll keep watching the correlation between $ETH and $BTC. The Fed’s expected rate cuts could bring new volatility to the market.
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.
12 Likes
Reward
12
8
Repost
Share
Comment
0/400
ReverseTradingGuru
· 12-09 20:39
The saying about lining up on the rooftop is spot on; retail investors have been trapped again.
Can a Fed rate cut really save this lousy market? I doubt it—the big players have already exited.
This COMMON move was a textbook pump and dump. When the price stagnates at resistance, it's time to be bearish. Unfortunately, most people can't see it.
Just a few candlesticks can take you from profit to liquidation—that's the magic of crypto.
For now, it's best to stay on the sidelines and wait for BTC to give a signal.
View OriginalReply0
DarkPoolWatcher
· 12-08 09:15
Saying people are lining up on the rooftop is really harsh. COMMON has truly demonstrated a textbook example of a rug pull this time.
Accumulating at the bottom and pressure levels—these tactics by the big players are totally played out.
Those who chase highs deserve to get cut in half; the market loves to harvest the greedy.
Anyone still daring to chase the top under rate cut expectations—I think they’ve reached enlightenment.
View OriginalReply0
AlwaysQuestioning
· 12-08 05:01
Here we go again: the big players are selling while retail investors are left holding the bag—the same script repeats.
Those who went short made a killing this round, but the ones who bought the top really got wrecked.
Can the Fed cutting rates really save the market? I’m not so sure; we might see another drop this time.
For coins like $COMMON, it’s so obvious that accumulation is happening at the bottom, yet people still dare to chase.
$BTC $ETH is the real deal; all the other tokens are just there to fleece retail.
This kind of signal—heavy volume at resistance but no price movement—is just spot on, it’s accurate every time.
That joke about lining up on the rooftop had me dying, it’s just too real.
View OriginalReply0
WhaleWatcher
· 12-08 04:58
Same old trick: after the main players finish accumulating, they start increasing the volume, while retail investors are still cluelessly celebrating.
View OriginalReply0
RugResistant
· 12-08 04:54
ngl, classic pump & dump mechanics on full display here. that resistance level breakout had all the hallmarks — analyzed thoroughly and the on-chain metrics screamed exit liquidity trap. retail never learns tho, always chasing green candles into the knife.
Reply0
ShibaOnTheRun
· 12-08 04:53
The rooftop queue scene was truly epic—one second in heaven, the next in hell, that's just the usual routine.
It's the same old story of the big players absorbing chips, pumping up the price, and then dumping while retail investors are still shouting, and seeing it once is enough.
Judging by the heavy volume and stagnating price at the resistance level is still reliable, but honestly, who hasn't bought in at the top before?
Once the Fed cuts rates, there will be new opportunities, but for now, everyone has to be more cautious—there have been too many lessons learned.
View OriginalReply0
FadCatcher
· 12-08 04:35
The rooftop is probably packed now, haha.
All the FOMO chasers got eaten up—who can they blame?
Heavy volume at the resistance level with stagnant price, the big players have been quietly reducing their positions for a while.
I've seen this trick too many times; that's how retail investors' money gets harvested.
ETH and BTC are moving together, looking good. The Fed's upcoming rate cut will probably bring some new surprises.
#美联储重启降息步伐 $COMMON This wave looks pretty lively, and I bet quite a few people are already lining up on the rooftop.
When I first noticed this token, it had just hit a clear resistance level on the 4-hour chart. Looking at the market structure, the signs of accumulation at the bottom were obvious—a classic pump-and-dump move. I decisively set up a short position, and this drop directly cut those who chased the pump in half.
Honestly, I’ve seen this kind of price action too many times—one moment you’re celebrating unrealized gains, the next you’re liquidated or deeply trapped. Going from paradise to hell only takes a few candlesticks 😂
That’s the market for you. When retail is chasing the pump, it’s often a signal that the project team is selling. If there’s heavy volume and stagnation near a short-term resistance, you can pretty much assume the big players are offloading. The recent $COMMON action once again proves this logic.
Next, I’ll keep watching the correlation between $ETH and $BTC. The Fed’s expected rate cuts could bring new volatility to the market.