$BEAT I placed an order at 1.85 last night but it didn’t get filled, and when I woke up this morning, I saw it’s still dropping. Is it possible we’ll see a slow, grinding downtrend like pipp?
What do you all think: could it slowly drop to around 1.2 over the next few days, then suddenly surge to a new high about a week before Christmas, and only after that start the real downward cycle? What are your thoughts on this kind of fake-out dip followed by a pump to trap people before selling off?
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.
9 Likes
Reward
9
11
Repost
Share
Comment
0/400
GmGnSleeper
· 10h ago
The 1.85 order should have been canceled a long time ago. I've seen this trick too many times.
Instead of waiting for your limit order to die, it's better to cut your losses decisively. There's nothing special about the BEAT token.
Christmas pump? I doubt it. The whales have already left.
View OriginalReply0
BearMarketBard
· 16h ago
The price drops as soon as I place a limit order that doesn’t get filled. This doesn’t feel right.
View OriginalReply0
出周条
· 20h ago
How many days left? It's already 1.2 today.
View OriginalReply0
PotentialWhale
· 22h ago
Don't worry. There are a bunch of orders at the bottom and a bunch at the top. It can't go down or up, it'll just keep fluctuating between 1.3 and 1.6. Whichever side gets cleared out, that's the direction it'll move.
View OriginalReply0
LargeInvestorsAh
· 12-09 03:02
This is obviously a bull trap.
View OriginalReply0
Layer2Observer
· 12-09 02:53
Let's take a look at the data. 1.85 didn't get filled and was immediately dumped lower. This needs some analysis—could it be that a whale is testing liquidity depth? Theoretically, this operation right before Christmas does fit the typical bear trap playbook, but the problem is you need enough chips to support it.
View OriginalReply0
FlashLoanPhantom
· 12-09 02:47
Oh no, my 1.85 limit order didn’t get filled and now it’s dropped even more. This pace is a bit frustrating.
View OriginalReply0
Ramen_Until_Rich
· 12-09 02:46
Oh no, it's the same old story—woke up to see everything in the red. It's so heartbreaking.
View OriginalReply0
SlowLearnerWang
· 12-09 02:43
Oh no, I'm stuck again. The 1.85 order is really something.
A fake drop to lure people in and then pump to sell off? I've seen this trick way too many times, yet I still fall for it every time.
View OriginalReply0
WhaleStalker
· 12-09 02:39
If 1.85 didn't get filled, you should've exited. This kind of trend clearly indicates a dump.
$BEAT I placed an order at 1.85 last night but it didn’t get filled, and when I woke up this morning, I saw it’s still dropping. Is it possible we’ll see a slow, grinding downtrend like pipp?
What do you all think: could it slowly drop to around 1.2 over the next few days, then suddenly surge to a new high about a week before Christmas, and only after that start the real downward cycle? What are your thoughts on this kind of fake-out dip followed by a pump to trap people before selling off?