$WLD I have no bias against any currency, I just analyze it based on the data.

It’s really a Bodhisattva to go short at this position.

1. WLD contract and spot selling pressure slows down

Data in the last five days show that the WLD contract has lost $49 million, while the spot has only lost $8 million. This can be interpreted from two angles: first, the recent selling mainly comes from contract short selling; second, in the past 24 hours, the contract has only sold $4.5 million, and the spot has only sold hundreds of thousands of dollars, and in the past 8 hours During the period, the contract inflow was US$5 million, and the spot inflow was US$1 million. This shows that the selling pressure is decreasing, and despite the recent FUD influence on WLD, the selling pressure has not increased significantly.

2. Surge in contract positions

According to Binance data, WLD’s contract holdings have increased significantly, and many people have followed short positions after seeing the news FUD. If the spot chips are controlled by project parties and market makers, and they slightly increase the spot price, this wave of short sellers will become fat sheep.

3. Rising popularity

Needless to say, WLD has been very popular recently.

Summarize

Based on current data, short-chasing WLD is simply too poor value for money. It is recommended to give up shorting in the short term and wait and see whether market makers will take action against this wave of shorts. If there's movement, join in the air blast! Remember to bring a stop loss when starting, use small to make big gains, and strive for the best profit-loss ratio.