#美国终止政府停摆危机 ALLO This drop is quite severe - a 46% retracement overnight. I placed a short order at 0.8120 and directly achieved a 912% profit, with unrealized gains of 4500 dollars. However, at this position, I do not plan to increase the position.

Why did I dare to short around 0.8 at that time? The logic is simple: ALLO opened at 0.22 with an initial market cap of only 44 million, which is almost identical to the previous trend of JCT. The market cap of such narrative coins hitting around 100 million is basically the ceiling, so that position is a highly cost-effective short point.

But it did indeed pull up to 0.98 - the reason is that the Alpha airdrop was available for collection at 7 PM, and the retail investors had already absorbed the first wave of selling pressure. Additionally, the contract launch time was delayed from 9 PM to 10 PM, and three hours is enough to eat up the sell orders. In the early stages of the launch, it surged by 350%, to put it simply, it's the market makers controlling the market to push it up.

I mentioned during my review yesterday that this is a highly controlled asset, so I do not recommend blindly shorting today. I have already taken profits on my short order, and I will continue to watch for other opportunities.