We could see a sharp correction in $JCT, as has happened with other cryptocurrencies. We’ve been opening short positions from the start, which shows how many opportunities we’ve had to do so.
Our first short position generated around 24% in profits, which is still a good result. Even after the second rally, we managed to make another 29% in profits.
When could the correction happen? As we can see, trading volume is extremely high: it has reached 600 million, and it’s almost impossible for it to keep rising to 1 billion. This was already clear yesterday, so we could see heavy selling and distribution in the coming hours. Any rebound could also turn into another opportunity to distribute