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$LAB Continue to stay bearish, target 0.2.
A whale has already dumped $100 million worth of chips—this isn’t something retail traders can hold.
In a supply-vs-demand battle, capital has all moved to chase new stories like RWA and AI agents.
For an old coin like LAB, there’s no major upgrade—who would bother to “carry the sedan”?
The data is also very straightforward: heavy-volume selloff + a high long-to-short ratio. Market expectations are already openly bearish.
Yet the main players are still chopping and consolidating at high levels, using retail traders’ illusion that “after a drop, it will rise” to lure them in—while quietly distributing.
Don’t get tricked into buying the rebound; fight while you withdraw—that’s the real play.
Hold the short, and wait for 0.2.