$LIGHT's recent trend has indeed been frustrating. In the early hours of the 26th, the bears started building positions around 1.12. Seeing the bullish trend strong, the price broke through the $1 mark and surged to 1.1599, but then quickly reversed with a rapid plunge, abruptly halting the bulls' upward momentum.



Not long after, the whales began adding more positions. Around 4 a.m., the bears continued building around 0.625, with the average price clearly moving lower. The bulls faced resistance again at this level, followed by another rapid decline. It seems this is not just a simple battle between bulls and bears — the bears are controlling the price rhythm while also earning liquidity fees from short positions.

In this situation, if the whales haven't truly closed their positions, retail investors should not rush to go long. Wait and see, don’t be fooled by the rebounds.
LIGHT-7,01%
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OptionWhisperervip
· 21h ago
The dealer's technique is truly brilliant, cutting in waves after waves, causing retail investors to suffer heavy losses.
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ChainMaskedRidervip
· 12-26 22:50
Really, this wave of $LIGHT is just a pump and dump. Have you seen it clearly? The manipulators are too ruthless; every rebound is a trap. 0.625 level is about to plunge again? I knew it. Let's wait until the position is closed; entering now is just giving away money.
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JustHereForMemesvip
· 12-26 22:50
Is this another attempt to cut the leeks? I don't believe you. --- The big players are really good at playing, retail investors are just ATMs. --- Dare to buy the dip at 0.625? Tired of living, brother. --- That's why I only watch and don't buy. I'll wait until they finish. --- Run when there's a rebound; I don't trust this wave at all. --- When the bears are eating liquidity fees, that's when we should withdraw. --- Damn, the plunge is so decisive, truly impressive. --- Don't ask, just keep observing.
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OnchainDetectiveBingvip
· 12-26 22:46
A typical pump-and-dump scheme where the big players harvest retail investors, and you still dare to call it a rebound? Retail investors are just handing over their positions to the big players. That 0.625 wave was clearly a trap. I'm tired of the repeated dips; I'll wait until it truly hits bottom.
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MerkleTreeHuggervip
· 12-26 22:44
It's the same trick again, the short side is really playing well. --- Hold steady, wait for the market maker to slip up. --- Rebounds are all traps, this wave is boring. --- Retail investors have a tough life, watching others earn from liquidity fees. --- Can't even hold 0.625, still want to turn things around? --- That's why I don't touch LIGHT anymore. --- Getting cut like this every time, so annoying. --- If the market maker hasn't closed their position, we'll just stay put. --- Liquidity fees have all been eaten up, why should we get more? --- What's the rush? Wait and see where the bottom is.
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SchrodingerProfitvip
· 12-26 22:40
Such obvious manipulation, they really think we're just leeks The bears finish eating and run, retail investors are still holding the bag Here comes that rebound trap again, same old trick... Damn, got hammered again, when will this market maker close their position It's infuriating to watch, let's wait and see
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