$IN The position got closed and ran away, and then I’ll briefly share my thinking on shorting IN.

When there’s a “monster coin” consolidating at a high level in the market, a second “monster coin” won’t show up anymore—why do I say that?
1、At a high level, no one dares to go long on the monster coin; retail longs are hungry to bet on another low-priced coin turning into a monster.
2、The overall market is in a slump.
3、When shorting IN, the market cap is around 1.2 hundred million, about, which is higher than most altcoins in the market, and there are too many trapped positions above.
4、The day’s gain is around 90%, ranking first on the gainers list, making it easy to attract retail longs to chase the move.
With the above conditions, shorting the #1 gainer has a win rate as high as 90%. During the monster coin period, shorting the #1 gainer still has some rationale behind it.
Alright, the above is just my nonsense 😂#Gate广场四月发帖挑战