$IDOL Falling this hard—they’re clearly not letting the holders trapped at higher prices off the hook!
Remember how Caibao said at the start of the month to wait for a high to short? Last night, they had already reminded their followers to get into position. A perfectly timed call: it was highly likely to break below 0.015 in the short term, and sure enough, the plunge accelerated in the early hours of the morning!
The reasons for shorting have already been made clear. The project team has most likely abandoned the project, and they’ll likely keep slowly dumping their holdings. It’s still too early to rush in and buy the dip!!
Remember how Caibao said at the start of the month to wait for a high to short? Last night, they had already reminded their followers to get into position. A perfectly timed call: it was highly likely to break below 0.015 in the short term, and sure enough, the plunge accelerated in the early hours of the morning!
The reasons for shorting have already been made clear. The project team has most likely abandoned the project, and they’ll likely keep slowly dumping their holdings. It’s still too early to rush in and buy the dip!!
