Brothers, be careful with shorting ERA
Last night, the spot price of $ERA ERA on Binance once surged to 2 dollars each.
Haven't seen such craziness in a long time!!!
The contract rates only dropped late at night, and currently, the chips are quite concentrated. Those shorting should beware of being forced to cover, pay attention to risks.
Regarding the Volcano project, the old ape has been involved, but it has backfired; basically, everyone who participated in this project has been caught in the backfire, and there are hardly any benefits.
Recently, the projects that have backfired have very concentrated chips, feeling like the coins have been distributed to exchanges, needing to squeeze out the shorts to break even, so it's really volatile and requires caution. There were several explosions when shorting last night. It’s maddening...
Although it's a bearish outlook, still don't take risks easily...
However, today Alpha got a sell at 220 dollars, which is quite appealing. No more reckless actions; as long as there’s profit, that’s enough.
