In the morning, W went short and made less than 15 points, barely recovering the loss of ENA yesterday.
So, let me briefly explain the logic:
The sentiment leader in the first market is still ENA, and long funds will most likely still revolve around it, buying low, buying halfway, chasing highs, etc., so the newly issued W will definitely be absorbed. In addition, the rebound in weights such as Bitcoin has also attracted a large amount of funds, so W lacks funds to pull up.
Second, w was listed yesterday and followed the general rise of the market, but in the early morning of today, it retreated sharply, from 30 points above water to below water, and showed a downward channel. The selling pressure was heavy. This trend destroyed the bullish sentiment atmosphere.
The third weighted stock opened downward this morning, while W opened with a smaller volume and rose in the morning. When the market fell generally in the morning, it rose. It was either able to lead the emotional market or it was just being a hooligan. It was obviously the latter (because W rose with a smaller volume, the emotional leader was ENA, and it resonated with the market).
To sum up, I believe that the success rate of short selling for profit is very high, and the market also confirms my operation.#ENA #ena #w $W $ENA 
