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The main force at LAB is shaking out the traders, pushing out retail investors chasing the high.
74% of retail investors at LAB are shorting (betting it will fall), and in this situation, the big players are very likely to suddenly push up, causing all these short sellers to get liquidated.
But after pushing up, the big players will definitely run, and the drop will be very fast at that time.
Personally, I still remain bullish (expecting it to rise), although it's falling now, the overall trend is still upward.
4.0 is today's floor price, very hard to break below.
And since almost all retail investors are shorting, the main force definitely won't let these people make money, and there's a high probability they'll push up again. $LAB #Gate广场五月交易分享