#Sapien Since the TGE launch, it has once surged over 70%, attracting a large amount of speculative funds. However, behind this wave of market activity lies a clear short-selling opportunity.
Firstly, the unlocking of 25% of the tokens directly brings huge selling pressure, and there will be a continuous rhythm of unlocks in the future, which will long-term suppress the price. Secondly, the price has risen too quickly, emotions are overstretched, and once the short-term speculative funds withdraw, the correction will be very severe.
More importantly, Binance offers 50 times leverage, which amplifies market fluctuations, making it easier for the market to shift from rapid increases to rapid declines. Moreover, the Sapien project itself is still in its early stages, with insufficient application and value validation, making it difficult to support the current high valuation.
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Intraday focus: $ASP $MEME $API3
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