1. New coin Caldera(ERA) is a typical one-click issuance chain pseudo-demand protocol, heavily controlled by VC with an excessively high FDV, creating a large bubble. However, the recent overall bull market has led to a small decline, continue to maintain short positions, and see $0.3 in the long term. 2. YALA opened last night at $0.3, it was simply a delicious opportunity for shorting, but unfortunately neither MEXC nor Gate have contracts available. Today I checked and only Ourbit has it, but the price has also dropped to around $0.234, reducing its cost-effectiveness. 3. TrustAI(TA) was originally intended to short, went through six rounds of trial and error, and eventually came out with the capital preserved, missing out on a smooth decline. 4. The previously mentioned hedging arbitrage of going long on W and shorting HYPER has successfully taken profits. 5. CROSS has seriously deviated from the fundamentals. The market capitalization of CROSS's parent company NEXUS is only $137 million, while the MCAP of the CROSS token has reached $111 million, and the FDV is even $315 million. The chips are highly controlled, making it very difficult to short, so let's test the ant warehouse.
Recently, shorting needs to be done with caution, unless it is a new coin with high selling pressure. Established coins are experiencing strong upward momentum, so blind shorting is not advisable.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Summarize recent opportunities
1. New coin Caldera(ERA) is a typical one-click issuance chain pseudo-demand protocol, heavily controlled by VC with an excessively high FDV, creating a large bubble. However, the recent overall bull market has led to a small decline, continue to maintain short positions, and see $0.3 in the long term.
2. YALA opened last night at $0.3, it was simply a delicious opportunity for shorting, but unfortunately neither MEXC nor Gate have contracts available. Today I checked and only Ourbit has it, but the price has also dropped to around $0.234, reducing its cost-effectiveness.
3. TrustAI(TA) was originally intended to short, went through six rounds of trial and error, and eventually came out with the capital preserved, missing out on a smooth decline.
4. The previously mentioned hedging arbitrage of going long on W and shorting HYPER has successfully taken profits.
5. CROSS has seriously deviated from the fundamentals. The market capitalization of CROSS's parent company NEXUS is only $137 million, while the MCAP of the CROSS token has reached $111 million, and the FDV is even $315 million. The chips are highly controlled, making it very difficult to short, so let's test the ant warehouse.
Recently, shorting needs to be done with caution, unless it is a new coin with high selling pressure. Established coins are experiencing strong upward momentum, so blind shorting is not advisable.