The market on the first day of December is still showing disappointing trends.
The previous short positions have once again exceeded expectations:
· DUSK, 20x short position profit 10 times
· ICP, 20x short position profit 12 times
· PLUME, 20x short position profit 12 times
· LSK, 20x short position profit 3 times
· ACE, 20x short position profit 3 times
· HOLO, 20x short position profit 5 times
Although these are small positions, I am indeed pleased with my correct judgment of the trend.
Regarding the upcoming market at the end of December, I personally remain pessimistic and will deliberately look for some targets to short.
I have previously mentioned some tips and insights for shorting; besides these, there are also some mindless shorting targets, which are — blockchain gaming tokens.
The shorting logic mainly includes the following points:
1. The essence of blockchain gaming tokens is the "mining mechanism"; it's all about the output and income ratio. When the market declines, no one wants to play games, so the mechanism of blockchain gaming itself cannot operate, leading to no upward movement.
2. Secondly, the only factors that can drive the rise of blockchain gaming tokens now are changes in the token mechanism or large funds stirring things up, which are not sustainable upward forces.
At the same time, I also see that @加密狗 summarizes the trends of blockchain gaming tokens this year, and without exception, they are all declining, which further confirms the logic of continuing to short.




