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$SKYAI This coin is experiencing a high-level crash, with most whales heavily leveraged long, while the big short players are raking in profits. The bearish pressure on the charts is extremely strong; retail traders trying to catch the bottom keep getting burned, which is a classic downtrend.
Preferred Strategy: Keep shorting.
The downtrend hasn’t reversed, and the big players continue to unload. Any rebound is a shorting opportunity; going with the trend increases your win rate, so use tight stop losses to capture swing retracements.