$ALPACA

Has everyone been paying attention to ALPACA lately? Since the announcement of its delisting from Binance, it has dramatically surged over 650%. This strong rebound makes us wonder whether it's a 'flash in the pan' for the project or a setup by capitalists?

When the news of ALPACA's delisting was first announced, its market cap shrank to 5 million USD. Just when the market generally believed ALPACA would completely collapse, a dramatic scene unfolded: the price jumped from 0.029 to 0.0857 within an hour, a staggering increase of 195%. This sudden surge caught the bears off guard, turning the entire market into a 'precise hunting' ground for short-sellers.

The market makers had a clear strategy, positioning themselves in advance after the news of the delisting. The market widely expected 'delisting = crash,' with retail investors and short-term traders collectively turning bearish, leading to an influx of short positions and a surge in the open interest of ALPACA contracts. The market makers took advantage of this by accumulating positions at low prices, significantly building long positions at the bottom, then driving up the spot price and triggering a chain reaction of short liquidations.

Generally speaking, before delisting, there are often price increases followed by price drops. Everyone should remain rational when chasing prices.

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