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$LAB The top ten account for 89% again, it's this kind of situation.
The lab trend is kind of like “rave.” Among the top 100 coins, about 80% are controlled. And their average price is around 0.5. How would the “whales” and the small “dog” whales manage to lose money?
I saw that before: they pumped the price up to around $9 on the daily chart, then it dropped back to around $3—so that’s a 70% decline. But the scary part is that the “dog” whales pumped to $9 earlier and didn’t unload. That’s terrifying.
Be careful. I guess a slow rise will trap the short side—then they suddenly pull it up hard in one go, and directly dump it.
【Personally, I recommend paying attention to assets where a crash or a downtrend is very obvious. Just open a short position after chasing one trade and take a bite—that’s enough. There’s no need to fight the order book or set up positions against such a short. It’s not worth it.】