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Regarding short selling, I have no intention of mocking any party, nor do I need to show sympathy for anyone. I have repeatedly advised everyone to avoid shorting, originally to save some traders who went astray, only to realize—some reminders are truly like talking to a wall.
The market's chemical reactions require catalysts; currently, the short positions are at best just that—a catalyst, far from being the main force behind a truly violent market surge. To be honest, those retail short positions don't involve much capital, and big funds simply won't pay attention to them.
The key breakthrough in the market, which is the true rise of the future fish body segment, still depends on the concerted effort of the bulls and the resonance guidance of large-scale technical indicators. Only when these two forces form a double resonance can they unleash a large-scale, substantial upward trend.
I've been saying that POW consensus is returning. This is not just the decline of the era of meme coins, but also a reawakening of the original "crypto punk" spirit within the long-silent bulls. At the same time, it is a call to truly excellent traders when the long-term low oscillation reaches a critical point.
This is an inevitable trend and an unstoppable direction. I am optimistic about the future performance of POW representative assets like BCH, ZEC, LTC, and others.