Fans are long $TREE explode 8w knife:
The tree that fans are 0.68 long has been making up for the position, and now it is 0.44, which has exploded 8w.
His own thoughts are:
Brother Suo is 1.2 knives short, the airdrop selling pressure is over, and the project will pull the market if it is very good. His liquidation was because the position was not well controlled.
To be honest, this fan is relatively calm, it is estimated that 8w is not impressed by him, and he still insists on reviewing every transaction.
I asked him what he thought was good about $TREE, and he thought it was the native yield of ETH.
His source is the investment research articles posted by many KOLs, and he probably judged what the tree is doing, and the narrative is okay.
I asked him: What is the reason why tree attracts ETH owners to obtain native income? If not, then where is the value of the tree protocol?
Putting aside the conspiracy theory logic of bankers, DeFi projects that return to value itself are easy to calculate.
The yield of 3% can surpass the income of ETH staking, which is not as good as the delta neutrality of @okxchinese staking + fee rate.
Such a valuation range is easy to calculate, which is the biggest reason for me to short 1.2 at the beginning, as shown in the figure.
The reason why you lose money is that there is no stop loss, and this reason is not operable.
Only with transaction expectations can there be a basis for operation.
Share.

This guy is still very calm.
I prefer to communicate about this kind of question.
Those who ask every day if I'm still here, if it's leveled out, or if it has plummeted and keep asking.
Not blocking them, just keeping a bad mood?
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