Yesterday I made this short trade and walked away with a small gain since my investment was also small. Later, I saw it shoot up from 0.40 to 0.82 in a matter of seconds, and that got me thinking about what would have happened to my money if I had been short from the bottom, or at
$LAB
when I thought it couldn't go higher. But I decided to exit because I also see how it spikes suddenly, and just today it's hovering above $16 with high financing rates every hour for short positions. In that regard, it's better to trade BTC, XRP, BNB, or ETH since they don't suffer from such exaggerated manipulation.