$KAITO Regarding the issue of overvaluation of new coins, He San said that if you are not optimistic, you can short it. However, if retail investors really go short, the exchanges will collude with the manipulators to forcibly pump up the price using their capital advantage, or they will control the price within a certain range, allowing the funding rate to slowly eat away at your principal. If retail investors go long, they will then take advantage of the situation to crash the market and force liquidations. In any case, this game is one where most retail investors lose: you bet long, they go short; you bet short, they go long.