LIGHT always has a few standout coins every month. Their strategy is to pump through spot trading and contracts. Contracts rise with negative funding rates, which attracts a lot of short positions. They keep pumping to liquidate those short positions, then pull back to lure more shorts into the game. As long as the whales don’t sell off, the price can stay stable, and shorts have to keep paying funding fees to the longs. If it’s a coin with hourly settlements, in just 4 hours, your principal can be wiped out... When you encounter this kind of coin, you either dance with the whales (with a sword hanging over your head) or don’t play at all. These guillotine moves can drop 80% in a single day—no one can handle that. And it often happens at 4 AM, clearly targeting the time when most people in China are asleep. Going long without taking profit? Wiped out. Going short halfway through? Also wiped out.