Currently, we are fully bearish on the clones, having shorted 6 contracts with a 2x leverage on a per-position basis, aiming for at least a halving. Currently, there is no liquid market, and such price increases are intended for offloading. Do not short those with a market cap below 50 million; it’s best to trade those that have already experienced a price surge, as these tend to be heavier. Refer to the image below, our positions are particularly light; even with a 50% increase, we can only lose 5% on individual positions.
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