GMX price

The significance of the phrase "buy more as it drops before the end of September" will become apparent in October. Here are some suggestions regarding detailed operations: 1. No rotation, only chase the leaders: The definition of leaders here is not determined by fundamentals or market capitalization, but by capital. If you ask me what the main theme of this round of market is, my answer is "running alongside and fishing in troubled waters." Currently, the market's capital does not support large-scale rallies of stocks within the same sector, so there will not be a situation where funds circulate within the same sector due to price deviations from fundamentals. Therefore, buying strong stocks instead of weak ones has become a rule. The explosive rise of aster did not ignite gmx, snx, or dydx. Similarly, the recent surge of zec has not revitalized the entire privacy sector's tokens. I can see zec reaching 300+, but I don't have the courage to hold zen or dash at the bottom with a 5x+ expectation; the strong will remain strong. 2. Increase positions on breakthroughs, widen stop losses: The current market has completed several stages of evolution, from a violent drop (starting in August, with a bear market atmosphere inflating funding rates) → false breakthroughs to deceive liquidity (concentrated in September, tricking those who are overly optimistic about myx and m bio into false breakthroughs to deceive liquidity in high consensus areas) → true breakthroughs that explosively break through resistance levels (starting in October). After the conditioning in September, the market has formed muscle memory; when facing resistance levels, one should run and not chase more. The entire chain is coherent, similar to what started in September 2023, from violent drops → deceiving liquidity → true breakthroughs where people are afraid to jump in. This is a complete set of methods to numb market perception and muscle memory. 3. Timely switch vehicles, chase hotspots: Whether it's project parties, institutions, or retail investors, there is a strong consensus—this round's cycle is the last wave of a bull market. Therefore, rushing to exit has become the main theme, which requires timely switching of vehicles. In a market with insufficient liquidity, value investing is ineffective; to sell chips, one can only attract following orders with large bullish candles. Most stocks will complete their main stage of gains within a week. When seeing stocks with three consecutive days of large bullish candles, the first thought should not be to write a small essay about this narrative or how great the project is, but rather to reduce positions and look for the next potential undervalued area that is favored by capital. So, let's start making money.