After last night's rate hike announcement, the market began to rebound gradually. When negative news materializes, it becomes positive. It feels like after the college entrance exam, the whole state has completely relaxed. However, for now, this relaxed state probably won't last long, as if registration and other trivial matters will come right after the exam. Happiness is only temporary; pain is the real truth. Alright, back to the main topic, let's take a look at $ONE. —————————————————— Today, a coin with a huge surge appeared in the market—$ONE. In my memory, a similar situation happened a few days ago, and I recall it was $IOST. Personally, I think these two situations are very similar, so $ONE will also fall short. Data shows that $ONE is currently heavily shorted and may soon crash. —————————————————— Let's take a look at its contract data. We can see that during $ONE's current rise, its contract open interest is increasing, while the corresponding contract long-short ratio is decreasing. This shows that during its rise, a lot of capital entered actively to short the market. Looking closely, we can see that its contract long-short ratio did not see any significant increase in the middle. In other words, basically no one is bullish on this coin. So I believe it is very likely to crash. —————————————————— I have already shorted it. Because I...
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