$SPK has once again surged strongly; this is the vision that Bao Ge gave you for recommending altcoins, and it just exploded with a push!!!
Since the morning recommendation of SPK, it has surged nearly seventy percent again. I feel like I'm running a dog fund now 😅
This surge is mainly due to the fact that there are still many short positions above, and the funding rate for contracts has now reached -0.96% with many retail investors shorting. Aside from the selling pressure from earlier private placements and airdrops, for new coins, the chips are basically in the hands of the project team and market makers. This is to better achieve control and washing of contracts; currently, the capital in the market is all at the top, so I also told everyone not to short against the trend.
At this position, it's still not advisable to short easily; you can wait for a downtrend to emerge before shorting. This kind of heat usually lasts about 3-5 days, and then the project team will start to unload the goods!!
