The long-short ratio data of $NEWT is indeed concerning, it seems that "family members" have not yet exited the market. The fully diluted valuation (FDV) of this project has clearly become too high, and the market consensus is well aware that its actual value and market cap are severely mismatched. The key point is whether the market makers will take advantage of market expectations to operate in reverse, harvesting short liquidity. It is expected that there will be a wave of selling after the market opens, at which point it is necessary to closely observe the movements of the main funds to see if there are signs of accumulation at low levels. A critical moment in market speculation is about to arrive.
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