$C

Chinese brothers, maintain only short positions on this coin.

Do not be fooled by the long positions promoted by Binance Square bots and lose your hard-earned assets.

When an extreme negative funding rate persists for months and the foundation shows no will to maintain or boost the price, they typically roll out events like the Binance Academy Quiz Show.

Normally, a legitimate foundation or Market Maker (MM) dislikes seeing a continuous overload of short positions on their coin, so they trigger technical rebounds to induce forced liquidations (short squeezes).

However, since the primary goal for this coin is selling, even after retail investors in short positions take their profits and close their trades, the foundation continues to dump spot coins.

Just yesterday, they put on a performance acting as if they were covering 3 to 4 million coins on the order book, only to immediately remove the buy walls and dump on retail investors.

You must not forget that they are more interested in scraping up profits by selling spot holdings than in making any actual purchases.