Today there are many people in the square analyzing this
but most of them fall into a misunderstanding, thinking with a trader's mindset, which is obviously wrong.
The reason so many people are shorting this coin is that everyone knows it is not worth this price. What you think is raising the price to sell for profit may actually result in losses, as raising the price requires maintaining the coin's value, absorbing a lot of selling pressure from those who ride the wave. Moreover, this kind of thing is generally not done by the project team themselves; it is usually outsourced, taking a share, or agreed upon when VC investments are made; they are the ones doing this.
This is a zero-sum game market where both rising and falling prices can make money for them because their coins have almost no cost. Even if this coai is not controlled by the project team, others have already accumulated when the price was just a few dimes.
You think they can just raise the price and run away; with a market value of tens of billions, they can't just offload. If they casually throw out a million dollars, the price will drop to the bottom. There's no fool; who would want to pick it up? This market value might have half of it in their own hands.
In fact, when prices rise and fall, these strong manipulators are completely making your opponent's position. When most people go long, they go short, and when everyone goes short, they do the opposite. This is also why there is always a big rebound when a platform announces the delisting of a certain coin. They are making your opponent's position. It's like grid trading; when you go long, they sell to you, pushing it to the floor price, and when you cut losses and get liquidated, you sell to them. When you go short, they pull it up hard, and you have to buy back to close your position.
They make money off your losses and liquidations 💰. This is the zero-sum game. Why is there a rise of 100% followed by a 50% drop? Because they are profiting off your liquidations and losses, achieving their goal, and they won't stabilize the coin's price.