GUN's market move this round is quite fierce, with a surge exceeding 25% in a short period, pulling up to around 0.023 in one go. The sentiment indeed seems quite hot.

The key is that volume increased at the high level, followed by a reversal downward, and the moving averages on shorter timeframes also clearly turned. The funds that rushed in seem unable to catch the momentum.

Things that rise too quickly inevitably need a correction. Right now is the stage where sentiment is starting to cool down. If there's a rebound afterward, it would be a great entry opportunity for short positions. In the short term, the logic for going short still holds.