#BTC下探60000美元关键关口 $LAB Lows are constantly rising, and highs are also constantly rising. Is the previous high of 24.4 far away? LAB does not recommend shorting; I personally prefer to wait and see!!


If I remember correctly, Sister Mi has always said about LAB: don't short now, shorting is just fuel.
LAB is essentially a DeFi project that combines on-chain trading with AI strategies, not a meme coin purely driven by emotional speculation.
Moreover, LAB's funding fee is settled once an hour, and the funding rate is still negative.
Shorting not only offers low cost-effectiveness, but also makes you vulnerable to being slowly drained by the whales; holding a short position means paying costs every day.
Instead of stubbornly shorting, it's better to wait for direction to become clear and then go long with a light position following the trend.
To put it bluntly, shorting now plays right into the whales' hands.
Looking at the chart, the price has been oscillating at highs, with very clear support around $15, which has been tested multiple times without a valid breakdown.
The inability to break down itself indicates that the market remains relatively strong, and the trend is still upward for now.
Adding to that, LAB's current circulating supply is not high, and the fully diluted valuation has reached 16 billion.
BTC1.29%
LAB3.84%
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