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Short positions combination battle, after one round, earned 21,000 dollars!
The differentiation of this wave of altcoin market came a bit fast. To be honest, when most people are still chasing the rise, my short positions portfolio has already started to reap profits. Interestingly, the crazier the market gets, the clearer the opportunity for contrarian thinking becomes—because very few people are willing to exit when everyone else is celebrating.
Let's look at the performance first. ALCH shorted from 0.20753 to 0.1822, earning over 3648. What is the most fatal flaw of this project? The on-chain active addresses have been halved, and the ecological progress is stagnant. Once these types of coins break through the key support level, it basically becomes a free fall.
The situation with ARC is similar, with large holders continuously reducing their holdings while the inflow to the exchanges is surging—this is a typical "distribution signal". Don't chase during a volume-less rebound, as that is usually a trap to lure in buyers. From 0.04694 to 0.0412, I made 1513.
JELLYJELLY is a more interesting MEME coin. The community's enthusiasm has plummeted sharply, and the sentiment has completely waned, leading to its ultimate fate of going to zero. This short position went from 0.12780 to 0.06806, yielding 1749. "Meme coins" without fundamental support are always destined for this outcome.
The ASR trade might be the most satisfying this round. Short positions from 1.898 to 1.706, profit of 3769. A top divergence has appeared on the daily chart, coupled with the project team's token unlocking wave, both technical and fundamental aspects are signaling a downturn. Opportunities like this are rare, happening only a few times a year.
ICNT short positions over 8300. The narrative is weak, and the rise lacks volume, which instead serves as a textbook case of "good news fully priced in is bad news." It dropped from 0.5726 to 0.3788, and the market voted with its price.
ZRC is a low market cap coin with serious control over its supply. Once the main funds withdraw, retail investors simply cannot hold on, and the shrinking trading volume is a prelude to a crash. From 0.00545 to 0.004481, that’s another profit of 2218.
The differentiation of the altcoin season has already begun. The next batch of targets has been marked on my watchlist, and their technical patterns and on-chain data are showing familiar risk signals. If you want to seize the next wave of opportunities, you need to keep a close eye on the market's changing rhythm.