Taking $FLOCK as an example, the shanzhai short-squeeze market has begun. It’s still not too late to remove the short button; regardless of how badly you were beaten while longing before, immediately discard the bearish mindset. Even if you don’t go long, absolutely do not go short.

First, let's look at the on-chain data. The gmFLOCK locked amount is close to 60M, accounting for 30% of the circulating supply of 200M, which is very alarming data. Moreover, under the current temptation of about 50% APY, it is easy to form a "locked amount-price" flywheel effect until the APY decreases.

Next is the liquidation heatmap, where a large amount of long-term bearish liquidity has accumulated in the range of $0.3-0.4 over the past 3 months.

Finally, regarding the technical chart, there was a bullish divergence on the 4-hour timeframe, followed by a volume breakout at the key resistance of $0.16.

Everything is ready, just lacking the air force.

The atmosphere has changed, the scenery has changed, and in just a few days, the emotional shift can complete, reversing from one extreme to another.

Embrace the bubble.