$REEF has recently seen a significant increase in short positions, and even the fee rate has been suppressed to -2.75%. Short sellers are obviously trying desperately to suppress the market, but it turns out that the power of the bulls is quite strong! Since the end of August, $REEF has soared 1500%, and the increase is even crazier than the "dogs" on the chain.

Such a rise is really rare, especially to achieve such a high return in such a short period of time. It can be seen that funds have been pouring in crazily, pushing prices to continue to rise. Although the bears are trying to suppress the market, the bulls are still steadily accumulating funds and firmly controlling the initiative.

If this trend continues, $REEF may complete their "zero removal plan" in the next two months, that is, the price will rise further, and the bears may face more pressure. The bulls not only have an advantage in price, but even the fee rate has become their "extra reward".

Whether you are optimistic about the short-term or long-term, the performance of this target has been very impressive and worth paying close attention to.

$reef