$CETUS First Callback Position 0.12~0.14
Reasons are as follows:
1. $CETUS has increased too much in the last two cycles
The first time was from June 2023 0.02 to March 2024, 0.2, a tenfold increase. The second time was from August 2024 to November 2024, from 0.038 to 0.49, again around a tenfold increase.
2. Stolen 260 million USD, market value only 173 million, which significantly impacts future market-making funds; short-term won't show much on the surface, it's either short-sell or nothing.
3. RAY has a chance of being replaced, and so does CETUS; it is not the only product in the SUI ecosystem. Just look at SOL, look at PUMP, and you'll understand that new products will definitely emerge.
4. If the trend deteriorates, then the direction will also worsen. Once there is a slight adjustment in the overall direction, it will greatly impact sales, especially under the current uncertain conditions; temporarily avoid investing in the SUI ecosystem.
