The Alpaca official first tweeted that they would increase the issuance of tokens, showing a greedy attitude as if they were eager to unload. The market was filled with criticism, and the trapped short sellers were overjoyed, while those who missed the opportunity were rubbing their hands together, and the bulls were scared off to take profits.
The coin price was smashed from around 0.14 all the way down to about 0.11, and the short sellers increased their positions, while retail investors began to join in to prepare to beat the fallen dogs.
Then, the Alpaca official released a new announcement: We have listened to community feedback and will not increase the issuance.
The coin price then shot up from 0.11 to 0.175, and this time the short sellers were really going to be squeezed dry, this is the true short squeeze after a trap.
Now I can’t help but suspect that the Alpaca officials have some relationship with the wild operators, or even share the same interests. The script is in someone else's hands, and they can write it however they want; if you go in the wrong direction and stubbornly hold on, you can only become someone else's prey. (See my previous writing on the rookie's big mistake of stubbornly holding onto positions)
I was also deceived by the earlier news and exited many long positions, but fortunately, I suspected there was a script and didn’t completely exit, continuing to successfully stick to the operator's belly to squeeze out a bit more profit.
This operator really knows how to play the game, and I’m a bit looking forward to how the script will be arranged next. #币安HODLer空投SIGN #以太坊的未来