Don't rush to bottom fish! SIREN short positions are hot, and the whales' sell-off isn't over yet.
This coin plummeted 45%-55% today, directly halving from its peak. Many people are panicking and running, and the inertia of the sell-off hasn't stopped. Big holders are holding a massive amount of chips, at one point 88%, with huge unrealized profits. They could sell at any time, driving the price down further.
This type of meme coin has also behaved this way before: a sharp rise followed by a severe correction. We're currently in the correction phase, and the downward space isn't finished yet. If you're short, the more the price drops, the more you earn; leveraged positions blowing up will also accelerate the downturn. After experiencing panic sell-off following a big rise, the short positions are still dominant, and I can still benefit.
These coins rebound quickly, so be careful not to give back all your profits in the end. Once you see the price stabilize or rebound significantly, consider taking profits in batches.
Accurately grasping market trends, sharing strategies in real-time, and secretly announcing positions; if you want to witness everything, call 聊天室. Currently, I still have the contract password.
#BTC行情 $SIREN
