$1MBABYDOGE
Actually, some friends asked me about the situation of babydoge with data yesterday. From the data, it can be clearly seen that the main force is starting to run away. The data checked at 19:11 was roughly at the position circled in the candlestick chart. After a slight drop, there was suddenly a rebound from the low of 0.58 to around 0.65, a rebound of several points. The reason I say I do not recommend shorting is because of this. Can retail investors control their emotions and not doubt themselves when faced with such a rebound of several points?
After the rebound knocked out the retail investors' short positions, it continued to drop from 0.65 to the current 0.48. Babydoge has released a lot of goods during the wide-range oscillation at the top. After it has released all the goods, there is no need to protect the market as vigorously as the day before yesterday when the market was falling. During the process of the main force closing long positions, a drop is also something that is expected.
From the current data, in the past two days, closing long positions has been the main theme for the main force of babydoge. I do not recommend recklessly trying to catch the bottom.