Recently, everyone might have noticed that in the past two to three weeks, the counterfeit tokens I've publicly posted about, apart from being bullish on beat and tnsr (I only took a long position on beat on the same day), are mostly short positions on counterfeits. The counterfeits in the first image are basically the short positions I've recommended in my posts or live streams, with a small portion being followed up by the community. The counterfeits in recent weeks have mostly been a short-term long and long-term short strategy.
Basically, my approach to shorting counterfeits is to use a leverage of one times and put in several thousand dollars like this. The expectation for shorting is not to take too large a position. Adjusting to the maximum leverage here is also to facilitate long-term bearish positions for tokens like aster that require rolling positions.
This is also to validate my previous judgment in the second image, that the market can only have a relatively effective rebound if it plunges straight down. Let's see if this can be validated in a few months, taking it step by step. Including last week, after the market started to rebound, many strong counterfeits like zec began to correct instead. In fact, seasoned investors will know that this means the market has not yet dropped to its proper position. The market bottoming generally requires most counterfeits to take a sharp plunge, and many large-cap counterfeits and the numerous short positions being increased in the dead cat bounce scenario are abnormal.
Then, when the market will bottom out, it might depend on whether it can rapidly decline over the next few days. If it declines rapidly again for a few days, there might be signs of a rebound. At that time, we will observe and switch between short-term long and short strategies, and at the end of 2025 to the beginning of 2026, we will see if there are opportunities for long-term spot entries.
