
Rui|Sep 18, 2025 15:06
Recap of Bard:
Didn’t participate at the opening, felt like it was going to be a high open with a downward trend. Around 7:50, I noticed a nearly 10% difference between spot and futures prices, which seemed odd (normally the funding rate wouldn’t be this high), so I tentatively opened a small futures position. Around 8:30, the Buidlpad airdrop became claimable, and I saw the spot-futures price gap widening. It felt like someone was shorting, and with Upbit listing expected at 9:00, I anticipated a short squeeze. Sure enough, both spot and futures prices surged together. So, I placed higher orders close to 9:00. At 9:15, Upbit listed the token, and the price spiked. I thought I had it in the bag, so I kept adding positions while Binance was still consolidating. Then, boom—game over in one move…
To be honest, when it first tanked, I was still holding onto some hope… thinking it might bounce back if I held on. But when it dropped to my initial entry point, I completely gave up…
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