爱吃猫的鱼泉州分鱼

#PIPIN
First, let's get to the conclusion: short it!

This coin got shorted for the second time, losing narrowly the first time! The main loss was due to fees, making a profit of $6000 from the short position, but paying $8000 in fees!

So why short it again?

I shorted it myself last night, adding to my position twice! Today, after reading multiple articles, I wanted to share some insights!

Two of the most popular theories:

1. The dog fund is preparing to pump the small K's whale position! It will go up to around 56 before a drop.

2. 🐶 The fund pumps it high to sell off and then buys back at a lower price. They are profiting from the price difference and extracting fees.

Let me share my viewpoint: the second theory is more credible!!!

First, excluding personal grievances, just pumping one K to trigger tens of billions in liquidity is unreasonable. Moreover, the 🐶 fund has plenty of ways to make money; targeting just one whale is simply not rational. Additionally, considering how much capital is behind the whale, the 🐶 fund cannot fully grasp it.

On the other hand, according to observations, the dog fund sold almost 1 million worth of goods during the few hours it was range-bound at 30-32 in the morning. Looking at it this way, the second theory seems more credible; smart money is positioned both long and short within the 20-22 range. If it drops, the 🐶 fund will likely buy back, playing this routine.

Which theory do you find more credible?

@BitlayerLabs Awesome Airdrop! #BitlayerL

I just learned for two days, and I'm tentatively trying it out. I feel like my heart is still not big enough, but I know my abilities are just that, is a little win a loss? Is a little loss a win? I feel like a blind cat stumbling upon a dead mouse, not knowing how many times I can come across it. I feel like I'm about to dive in! Learning, learning, learning!