0xSun: The golden period for making Kongshan Zhai Coin has passed

律动BlockBeats|Apr 07, 2025 07:54
BlockBeats News, April 7th, Smart Money、 Cryptographic KOL 0xsun.sol (@ 0xSunNFT) sent a document on social media saying, "In the past two months, I have continued to short shanzhai at a low rate, and the strategy has gradually shifted to diversify the subject matter and reduce the single position. The reason is that the old currency has fallen sharply, and the market value foam is not obvious after the new currency's valuation has killed a round. It is difficult to continue to decline, and the risk of rebound is high. At the same time, more and more funds are short, and some villages have begun to control the market to blow up short orders or rely on the rate to counter kill, so the short advantage is weakened.
I think the golden period for short selling knockoffs has passed, and non familiar players should participate cautiously. Regarding bottom fishing, current macroeconomic changes (such as Trump's tariffs) have led to further declines, but the bottom is still unclear and needs to be further observed
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