Analysis of shorting DOGS
Don’t try to buy the bottom of this currency. Instead, you can control your position and leverage (2-5 times) to hold short positions. The reasons are as follows:
I have told you before that this currency has just been launched and opened a perpetual contract, and it has not even been maintained for 8 weeks. It is obvious that the project party wants to harvest. Now it is at the bottom, but the pie is at the top. Who likes this chip at the bottom the most?
Answer: Retail investors like it the most
Now that retail investors have entered the market in large numbers, the project party will definitely harvest another wave. Combining the long and short data of DOGS and the reference of the on-chain mouse warehouse, the harvest is not over yet, and the strong pressure level is 0.0008.
