Why is it said that when new coins are launched, 9 out of 10 short positions can make a profit?

First of all, the release of chips brought by airdrops and new coin offerings is an important factor. Most users have no holding cost, and their goal is to quickly cash out for arbitrage, resulting in a lack of effective buyers in the market in the short term, creating selling pressure.

For example, recent new coins such as $TREE , $SPK , $ZORA , etc., lack investment support from large institutions and are generally overvalued.

Secondly, private placements and early investors are cashing out, and the project parties are also exiting, leading to a price drop.

Looking back at the past surges and crashes of some new coins, especially after the project parties have cashed out, the market will experience significant panic selling.

Therefore, in line with the current trend, Sister Hui has already led her fans to short these altcoins that are in a downtrend, currently with unrealized profits exceeding 400%.

If there are new opportunities in the future, Sister Hui will notify her fans at the first opportunity. Those who want to get in the car: 111