Huo Xing Cai Jing reports that on July 26, Jiang Zhuo'er, founder of BitClub (B.TOP), posted that "ChangXin Memory is likely to open sharply higher, surge, then pull back on its first day, reaching its all-time high— the perfect script is to buy at the opening of the A-share market, sell during the midday hype surge, and then close the position the next day by selling on the A-share market and buying back the Hype. Without preparing for Hype, you could get caught by the T+1 rule and end up stuck with it for life, like CNPC."
Jiang Zhuoer predicts that ChangXin Memory's IPO will likely peak on its first day.
MarsBitShare
Summary
On July 26, Jiang Zhuoer, founder of B.TOP mining pool, shared day trading insights on crypto, predicting that ChangXin Memory’s IPO will likely peak on its first day before retracing. He recommended using on-chain trading signals to hedge between A-shares and Hyperliquid. His strategy involves buying A-shares at the open, selling at the midday high, and closing the position the next day by selling A-shares and buying Hyperliquid. He warned that without such a plan, investors could suffer long-term losses similar to Sinopec.
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