When people bring up “dog pools,” what automatically comes to mind is the god’s-eye view: the left hand draws lines and the right hand harvests.

But in reality, dog pools can also be反噬 by liquidity, the token/coin-holding structure, spot selling pressure, and retail consensus.
Take a look at whether $BANK
has any momentum right now? There isn’t.

Actually everyone understands this logic about $RAVE —everyone knows that the most cost-efficient way to trade is to use a small horse to pull a big cart.
But the premise is that the cart can’t be packed with people.
If the cart is full of people, then it’s not “trading,” it’s Spring Festival travel rush.

Back to $BANK.
It’s doing TVL activities with $USD1 . Many people never even planned to trade short-term.
If they can’t make much profit, they’re too lazy to move—so they just sit there.
On the surface, it locks liquidity. In practice, it could also turn into a slow, chronic selling-pressure pool.
And when the circulating market cap is close to 50%, the difficulty of controlling it in the first place isn’t low.

You want to pump it, and people sell.
You want to control the timing, and it’s uncertain.
You want to control the float, and it might not listen.

More importantly, the prior proposal for additional issuance and on-chain transfers to things like Aster are easy for the market to interpret as potential selling-pressure signals on the order book.

There’s another detail that many people haven’t talked about much:
Based on on-chain observations, $BANK has 21 wallets that aggregated about 38 million BANK about a month ago.
At the very least, these address behaviors indicate that the tokens were concentratedly moved at certain points.
And once the market starts focusing on this structure, then it becomes a matter of who is acting as the counterparty for whom.

Here, I won’t blindly assume the pool always makes money.
Right now it looks more like a target that’s easy for shorts to watch:
control isn’t very comfortable,
there is potential selling pressure,
the time needed to gather tokens is unknown,
and the news flow is also easy to be interpreted as a negative feedback signal.

But the shorts aren’t necessarily going straight in.
What this kind of setup fears most is: you read the direction correctly but enter at the wrong rhythm.
If the pool loses money, it doesn’t mean that if you short you’ll automatically make money.
The existence of selling pressure doesn’t mean it can’t pump first and send the short forces to the top.

From the K-line chart, if you want to short, you can—
at least you need to wait for a right-side structure to form first.
A short on a real-body breakdown then rebound around 0.22 is fine.
If there’s a real-body breakout above 0.31 and then a pullback, then you can’t short anymore—you can only look for longs.
Remember: at any time, don’t catch falling knives~