$RED Another interesting point is that by observing the trend lines across multiple time frames, you'll notice that as trading volume dwindles, the speed at which short positions take profits and exit slows down. This defies trader intuition, indicating that, apart from GPS and Shell, there are numerous malicious projects and market makers, including Red. Please, do not exchange your dollars for a worthless token. This market maker doesn't even bother to purchase a single RED token.
$RED Stop trading these scam tokens and buying spot. You'll never know how much the market maker holds. They continuously short their own assets, cash out through sell-offs, and reap hefty returns in the futures market. The rise a few days ago was merely to ensure no one could follow their short positions. If anyone did, it would result in a rapid surge and then a sharp decline, just like the day before yesterday. Everyone, wake up!
$RED I noticed something interesting: every time there is a large sell-off, it is always accompanied by a large short position offset. Isn't this blatant price manipulation?