#Om暴雷抢反弹还是开空
Waking up in the morning and seeing a plummeting coin Om again, I checked the information and it seems to say that there are some issues with the core team and operations. Anyway, it has already collapsed, and the specific reasons for it are no longer important.
After all, we are accustomed to similar situations, like the previous ones with auction, act, 1000sats, mask, etc.
OM has dropped significantly and quickly. It could have been a good opportunity for a rebound, but unfortunately, it dropped late at night, and once the moment was missed, there was no chance to seize the rebound.
Now, we can only wait for an opportunity to go short. Currently, there is a rebound, but trying to short around 1.3 doesn't feel solid, as according to Fibonacci retracement, an ideal short point would be around 2.7. However, whether it can rise again will depend on the completion of the time cycle.
By the way, my recent trading strategy is to select a batch from the coins that were voted to be delisted (as shown in the image: Voxel, alpaca, bsw, flm, nkn, perp, gps), looking for rebound opportunities to go short, and in principle, I shouldn't chase shorts.