#M Whale opened a short position of $700k at 1.8, so this coin can't fall further because the whale has enough margin. The market maker also doesn't have the strength to absorb the loss, so the price has been staying high. Look at this unreasonable market cap—how can a coin with no backing and unknown status have a billion-dollar market cap? As long as this short position isn't closed, the price definitely won't drop. Let's see whether the dog market maker or the whale has more strength and patience. Once the direction is clear, there could be a dozens-fold drop. The market maker hasn't made a single cent from this coin, so they are reluctant to give up. So don't waste time on this coin; you can follow it and wait until the direction is clear before acting.