A friend who has been active in the crypto circle for 8 years used the most straightforward method to turn 500,000 into over 50 million.



He doesn't chase hot trends or believe in those inspiring stories; he only focuses on two things—information asymmetry and market structure.

This time, he also preemptively positioned himself on FOLKS.

【FOLKS Short Position Review at High Levels】

While the market is still full of bullish voices, he already opened short positions around 44.

The reasons are threefold:

First, the narrative has been overextended. No matter how beautiful the story is, the actual buyers can't keep up with the pace; the rise is essentially to create space for himself to offload.

Second, the structure has collapsed. Volume-driven surge combined with long upper shadows signals the end of market sentiment, not a sign of strength.

Third, the trend has reversed. After breaking below key moving averages, the rebound lacked volume support, and a bearish pattern has been established.

Current account profit: +923,852 USDT.

No additional positions, no betting on rebounds—just riding the trend.

He often says that those who truly make big money are not the most excited people, but those who are the first to sense that "something's not quite right."

At high levels, he only discusses risks. When emotions reach their peak, contrarian operations are where the profits lie.
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
  • 8
  • Repost
  • Share
Comment
0/400
NFTArtisanHQvip
· 12-17 18:15
ngl the narrative exhaustion thesis here is basically derrida's trace applied to tokenomics... like the meta-narrative collapses before the actual liquidity catches up. that's the real proof of creativity moment right there
Reply0
SybilSlayervip
· 12-17 08:52
Really, if you see a long upper shadow, you should run. Don't listen to those still hyping it up.
View OriginalReply0
LiquidatedNotStirredvip
· 12-17 08:52
Well, this set of logic sounds good, but to be honest, most people simply can't stay calm, especially when they see others making money. The statement about establishing a short position pattern, you really need to understand it before you dare to say it, otherwise it's just gambling. I agree with the information gap part; the biggest game in the crypto world is this. I didn't follow FOLKS' short position this time, but looking at their rhythm, it's indeed an anti-human way of playing. The real profit is in places where others are greedy, that's no lie. This paper profit looks good, but it all depends on whether you can secure the gains. I've never understood how some people can stay so calm at high levels; I just can't do it. Counter-trend operations sound simple, but executing them can easily blow up your mentality in minutes. Many people in the crypto world are actually brainwashed by stories; few really look at the structure. A long upper shadow plus a no-volume rebound, this is indeed a dangerous signal, but anyone can see it. However, this methodology is definitely more reliable than chasing the hot trends.
View OriginalReply0
SmartContractWorkervip
· 12-17 08:41
This guy is just playing the information gap. We're still bullish while he's already opened short positions. The difference is right here. Big money is never made by following the crowd; it's all about intuition. He's right. But the most feared thing is a rebound that bites back. It depends on how you cut your losses. From 500,000 to 50 million, how many precise operations does that take? Whether the FOLKS short positions can hold this time is crucial. The long upper shadow is indeed a warning sign. It's someone else's story again. When will it be my turn to buy the dip and sell the top?
View OriginalReply0
ZeroRushCaptainvip
· 12-17 08:41
It's the same story again, narrative overextension, insufficient buy-in to create space for selling... I've listened to it eight times, and every time it's correct, so why is my account still going back to zero?
View OriginalReply0
BearMarketBardvip
· 12-17 08:40
Damn, it's the same old story. It sounds great, but how many can actually do it? The real difference is attitude. Most people are still dreaming at high positions, but this guy has already been counting money. FOLKS are indeed timid this time; they've long sensed something was up. This is the real way to survive in the crypto world, not relying on luck. The moment the short positions were opened, the market was still bullish; the overall situation is completely different.
View OriginalReply0
GateUser-3724b2d5vip
· 12-17 08:36
Wow, very good, but I lost 🤦‍♂️ mentally, unable to handle high leverage, resulting in consecutive losses.
View OriginalReply0
赚够500Wu退圈vip
· 12-17 08:26
Shorting at high levels, the funding fees must have also deducted quite a bit, right?
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 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)