Can anyone tell me why most of the coin listing on Binance future/perpetual goes down ?

I noticed almost 80% coins Goes down in Binance perpetual.

It's Mean if we take short Position after some hours when coin listed.It will give us profit ??

It's a not financial advice Do on your own research before/after coin listing.

$TURTLE

TURTLEUSDT

Perp

0.056

-1.53%

$BLUAI

BLUAIUSDT

Perp

0.004294

-0.27%

#newlisting #TURTULE #MarketPullback #BLUAI #StrategyBTCPurchase