LIT's recent market movement is quite interesting. The 20% drop over 4 days can actually be understood through the underlying logic.
Long and short strategies are completely different. Going long is like building a barrel with staves—if one piece is off, everything falls apart; everything must be perfectly coordinated. Shorting, on the other hand, is much simpler and more direct—you just need to find a vulnerability, hit it hard a few times, and you can take the profit.
Why has LIT been falling all along? The key is this—whales haven't accumulated enough chips; where's the motivation to push the price up? Since dropping from the 4.3 level, retail investors' chips have been continuously sold off. In this situation, the whales have no chance to consolidate and accumulate, and the overall rhythm is disrupted. Without a solid foundation for going long, there's naturally only one direction ahead. That's why the short side always seems more straightforward—you don't need perfect conditions, just break through the gaps and push downward.
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PuzzledScholar
· 13h ago
The market maker hasn't had enough and still wants to pump the market—dream on.
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MoneyBurner
· 13h ago
The market maker didn't absorb enough and dares to let it fall; how clueless can they be? I bet there's still room for further decline in this wave.
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RugpullSurvivor
· 13h ago
This wave of lit has indeed been crushed, and retail investors are damn desperate.
LIT's recent market movement is quite interesting. The 20% drop over 4 days can actually be understood through the underlying logic.
Long and short strategies are completely different. Going long is like building a barrel with staves—if one piece is off, everything falls apart; everything must be perfectly coordinated. Shorting, on the other hand, is much simpler and more direct—you just need to find a vulnerability, hit it hard a few times, and you can take the profit.
Why has LIT been falling all along? The key is this—whales haven't accumulated enough chips; where's the motivation to push the price up? Since dropping from the 4.3 level, retail investors' chips have been continuously sold off. In this situation, the whales have no chance to consolidate and accumulate, and the overall rhythm is disrupted. Without a solid foundation for going long, there's naturally only one direction ahead. That's why the short side always seems more straightforward—you don't need perfect conditions, just break through the gaps and push downward.