Analyze the entire capital flow, market behavior, and hedging methods.
Concluded
Either cut losses immediately or average down, isn't it like a scumbag?
Market operations include large buy orders lingering to attract retail customers, creating a false sense of support, while the large orders can be withdrawn instantly if triggered.
This is actually already spoofing, a typical market manipulation behavior. SBET's retail customers from the crypto circle do not understand U.S. stocks and will not initiate a class-action lawsuit.
Overall, there is no intention to support the market, not caring about how retail customers will react. If you don't make up for losses, they won't lose either. Once it rises in the future, new people will come in.
Sunk cost fallacy
Retail customers are currently trapped in the sunk cost fallacy
"Refers to people who have invested a lot of time, money, emotions, etc. in something, and even if it no longer makes sense or is even harmful to themselves, they are still unwilling to give up, instead continuing to invest more."
Having already invested so much, we can't just give up like this
The only thing that can be done is to average down, can only say SBET is too scummy.
AGP earned service fees
SBET obtained ETH
Retail customers will be doomed if they don't average down [Petrochemical R]
By the way, our company has complete microsecond precision data for SBET in the past few days, tick and level 2 data. If there is a collective lawsuit when it really crashes, you can contact me for data [Coffee R]
I just thought of a strategy, to boost trading during post-market and night sessions, exit before the opening, let AGP be shorted, passively borrow shares to short at a high position, during post-market and night sessions, AGP does nothing.
Night session rally
Enter the market to short hedge at the opening with AGP.
Retail customers do not provide liquidity support to the opening market
AGP passively incurs losses
Since it's all about making up losses, might as well make up when AGP is not hedging, grasp the direction of AGP
This problem has a solution
Only trade during the night session, do not enter the market at the opening
1. Average down during the night session when AGP is not hedging.
2. Do not enter the market when AGP is hedging, do not provide liquidity to the market.
In this capital chain, the greatest role of retail customers is to provide liquidity. Cutting off liquidity forces SBET to support the market, pushing SBET and retail customers together. If stock prices are not raised, liquidity will not be provided.
