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$H Short sell!! Security vulnerabilities directly breach the trust bottom line, with over $30 million stolen, more than 17 wallets emptied. This is not a minor incident; it's a nuclear-level negative news.
1. On-chain attackers are still continuously converting H into ETH, and the selling pressure has not been fully absorbed. Once panic selling triggers a stampede, there is no support below.
2. The token has already plummeted over 90%, but the project team has yet to give a clear statement. Trust has been wiped out, and recovery is far off. The rebound is just an opportunity for a run.
Don’t be fooled by short-term rebounds into catching falling knives. Hold your short positions tightly, and let the dump continue a bit longer.