Brothers, this coin has crashed again.

Look, it was hovering around $12 this afternoon, and tonight it dropped straight down to $11.2. Now it's at $11.4, down another 7%. Those big players still hold a large number of short positions, with an average cost of $14.3. Currently, they have an unrealized profit of over 3.6 million, making a huge profit.
This market, to put it simply, is just the market makers playing the "buy high, sell low" game. They push the price above $13 to open short positions and then dump the market, and when it drops below $11, they close some shorts and stop, repeatedly cutting. Now the price is at $11.4, neither up nor down, and the market makers are not in a hurry, just waiting it out.
What’s next? Most likely, it will just grind sideways. Expect fluctuations between $11.2 and $11.8. If one day it suddenly breaks below $11.2 with high volume, it could head toward $10.5. If it rebounds above $12, don’t chase—it's a trap set by the market makers.
If you want to short, wait until above $12. Then go ahead. If you want to buy the dip, wait a bit longer and see if there’s a chance around $10.5. Jumping in now just makes you a leek (retail investor getting chopped up). Don’t be impulsive.