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$BIO Last Thursday's bio short position was stopped out, continuing to short 💥💥
This wave of staking for new issues really hit me hard, last Thursday at 0.039 I went in with fans and sideways traded for two days, fans lost double and stopped out, I'm a gambling dog and lost four times
Maybe many retail investors still don't understand why staking can pump the market, or why they need to open a position again?
Early airdrops and new issues could be obtained for free chips, so market sentiment was instantly ignited
The dog whales first used the positive news of staking for new issues to pump the market, but then transferred 80 million benefits to the exchange, turning good news into bad, so liquidity was quickly absorbed
First of all, staking for new issues is a positive for bio, staking reduces bio's liquidity, and naturally the price goes up
But the current price has already overextended short-term expectations, a volatile secondary pump
Many people know that smashing the market is an inevitable fact, but still cautiously enter short positions with small leverage, after all, bio has staked quite a few tokens #美国寻求战略比特币储备