The short position opened last night, despite the BTC crash yesterday, it held firm and was stopped out.
I opened a long position.

The logic for opening the short position initially:
1. Airdrop dumping
2. New coins are launching in the next two days
3. With a large market cap, many people probably won't buy in
Afterwards, it kept rising, and I felt something was off, so I chose to cut my losses.

Before sleeping, the logic for opening the long position:
1. There has been a premium on-chain and on Binance, about 10%
2. It couldn't drop further during the crash; a rebound could be very strong
3. I checked the on-chain addresses; although Upbit hadn't launched at that time, there were
Korean-related addresses that kept buying.

At 8 PM, Binance opened withdrawals. Since most coins are on Binance and OKEx,
only the airdrop dumping circulates in Korea for now. At this point, the long position should be safe, or I will keep an eye on Upbit's prices.

Anyway, Koreans don't look at market cap when buying coins; based on Korea's current price of over 2 USD,
it's not much, circulating market cap of 6 billion, which is higher than its parent APT now.