$LAB I made the same mistake with this coin as most people do, always thinking the market cap is artificially high, and kept shorting to supply fuel. Now, from the perspective of the market maker, I understand why LAB can't fall further. Because there are no buy orders to support it, at such a high level, very few are going long, and when the market maker unloads, it crashes sharply, not selling much. It's better to sideways trade at high levels, eat up fees, and then explode the short position for bigger profits. As long as there is a constant army of bears, it's like a printing press.


The only way to deal with this coin is not to play; once liquidity dries up, it will be like M, sideways trading at high levels, slowly unloading small amounts, but without a sharp crash. Once the number of shorts increases again, a new cycle begins.
LAB-16.96%
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