#BAN , This is going to start something. The holdings increased by 38% in 24 hours, and the price rose by 24%. The relative value is not high. It is not cost-effective to enter the market based on the holding data. Short positions are closed and long positions are opened. There is continuity.

#ban , last time it was mentioned it was still at 0.8, and it was said that entering the market was not recommended. Now it has been discounted by 40%. Currently, there are still a lot of short positions. The 24-hour positions have increased by 20%, with both long and short positions present, leaning slightly stronger. This coin doesn't seem to have much playability, lacks narrative, and doesn't hold much real value. Of course, the price is low, but I don't know if it will go lower. Switching to the daily chart, it feels like the net long positions are mainly used to bait longs (on Bybit, in the past three days, longs have indeed increased quite a bit, but shorts have also increased).
If you want to play, look for support below around 0.47, and set a good stop loss.