🤧

I rarely short shitcoins but yesterday I saw people calling each other to short so I tried to try it out. It's really scary, Zen has increased nearly 4 times since the bottom of $13 and looking at the chart, I still don't see any distribution or divergence. It's very possible that Zen will pump it up to over $50 before starting to dump.

My advice is to be absolutely careful when shorting shitcoins, only short BTC ETH or BNB when the price seems to have peaked. And it must be DCA, not all-in. With these small-cap coins, MM can pump them up indefinitely, even if the armor is thick, MM will push the funding fee down to extremely negative levels so that even if they reach the shore, they still won't make a profit.

$ZEN