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On July 10, shorts across the entire market got repeatedly crushed today!! 😭
Just took a look—US stocks $MU are up, gold is up, BTC and ETH $ETH are up, even LAB was forcibly pulled back from 0.80 to 1.05! The whole market is rallying, only short sellers' accounts are shrinking—what a beautiful sight, I dare not look.
$LAB Talk about this CS coin—absolutely brutal. From a high of $25, it grinded down over two months, then stopped pretending and crashed to $0.8, fluctuating around $1 with repeated fever spikes. Then the team directly announced a burn of 10 million tokens, worth $11.3 million, forcibly pulling it back over 30 percentage points.
Is it a comeback? The daily chart is still down 11%.
Is it dead? Then it pulls a stunt like this, mastering the art of long-short squeeze—the whale plays it perfectly.
I have to say, the LAB whale is definitely an expert in cryptography and psychology, having both bulls and bears completely under control.
Anyway, the current market is: if you think you understand it, you're not far from being trapped.
Tell me in the comments, can LAB return to $10? 🫠
#GateUS合规扩展佛罗里达