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Looking back at yesterday's Crypto Assets market, I followed four different projects: $TOWNS, Squirrel Coin, $ZORA, and $ZRO. Among them, $TOWNS, $ZORA, and $ZRO performed delightfully, bringing considerable returns to investors.
However, the market is not all smooth sailing. $ZORA has experienced a correction of about 10%, while $ZRO has also fallen by about 6%. Nevertheless, these declines have been relatively stable, without any severe fluctuations. Considering the market conditions, I have chosen to continue holding my short position to respond to potential further declines.
The performance of Squirrel Coin has been disappointing. Affected by the overall market trend, many small-cap tokens, including Squirrel Coin, have experienced significant declines. This experience has made me deeply realize that the risks of investing in small-cap tokens are quite high, and in the future, I will be more cautious in selecting investment targets.
This trading experience has made me realize once again that the Crypto Assets market changes rapidly, full of opportunities but also hidden risks. Successful trading requires deep market insights, flexible strategy adjustments, and prudent risk management. In the future, I will pay more attention to researching the fundamentals of projects, avoiding blindly following market sentiment, in order to achieve more stable returns in this challenging market.