$LIGHT Many people have asked whether this coin can be shorted, so let me explain why this is not very realistic.
**Cost of Chips and Goals of Major Players**
Looking at the daily chart, the main chips are concentrated around the price range of 0.5-0.8. Under normal circumstances, a tenfold increase is not a big deal—that corresponds to a range of 5 to 8 dollars. But what if we encounter a strong major player this time? Looking at the recent performance of a few strong players, it wouldn't be surprising to see a twentyfold increase. In other words, the target may be aimed directly at around ten dollars. This is the first pitfall.
**The Genius of Fee Traps**
Currently, this coin settles fees every four hours, and it is far from its peak. Imagine if they raise the price to five dollars and then change the fee settlement cycle to once every hour. Next, it will just hover around five dollars—扣 your fees for a full 24 hours. Your earnings from shorting can hardly withstand such deductions. Even if the fees eventually break you even, the remaining profit will be pitifully small. This kind of design is a slow and chronic way to cut down shorts.
**Circulation Determines Upward Potential**
This coin has a low circulation, with a current market value of only 150 million. In comparison, the market value of a recent top strong player's coin is approaching 400 million. If LIGHT's market value doubles to 300 million, the corresponding price has to soar to 8 dollars. This is why so many people asked whether they could short in yesterday's live session, and I said at that time—that the 2.8 position cannot be shorted at all and instead, one could consider going long.
**The Correct Attitude Towards Selecting Coins**
When dealing with altcoins, never get caught up in how much they have risen or fallen. That is just superficial. What really matters are market value size, the background of the project party, circulation situation, unlocking plan, and then combine these with technical analysis to make a judgment. Clarifying these dimensions is far more useful than looking at candlestick charts.
