So exciting!! New coin $ALLO shorting makes 28 times profit!! The reason for shorting has already been clearly pointed out in my previous analysis, when the pre-market price was 0.45, there was a selling pressure of 36 million, but the result was that alpha opened even higher. Exactly 1.7u opened, and just on Binance, there was a selling pressure of 50 million. Although it is selling less and less, there is still a 5% airdrop to dump, who will take this position? The liquidity simply can't hold.
Another point is that the rewards given by this project for staking are too much, it's highly likely just to trick others into staking, sell the chips back, and then buy back at a lower price. However, I feel that we are already close to the bottom, and short positions can take profits now. Once the whale completes the accumulation, there may be a second rally, and continued investment in altcoins. Those who want to join can add me as a friend on Binance!!!
#Strategy增持比特币 #美国政府停摆