$USUAL

It is obvious that there are signs of short positions entering the market. The open interest has increased at the 12-hour and 24-hour levels, and there is a net outflow from the main contract. This coin can be considered a mining coin with on-chain staking. I estimate that these short positions, in addition to being shorted, also include some hedging. Here, the usual rebound is likely to trigger a short squeeze, and the short-term trend is not expected to be very good. The future long-term price will depend on whether the project team has new methods to operate; if it continues like this, I don't feel very optimistic.