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#ALPACA
Bearish news ambushed a reverse pullback, while the total short positions in the market liquidated reached $8.3675 million.
I can roughly guess the intentions of the Alpaca Dog Farm. If it is eventually delisted, selling the Alpaca Dog stock in the spot market should not make any profit.
It is completely inferior to holding the alpaca price under strict control on the 30th, and then delivering and leaving based on the futures price platform.
Then sell off before May 2nd and take some residual value.
If the opponent's position is insufficient before the 30th, then dump the market to attract people to short and let them gamble on a crash.
Short enough and then push it up to control the contract delisting and settlement. Tonight's market crash was actually the dog dealer liquidating a massive long position. Next, without opponents, the dog dealer will stabilize the coin price and slowly offload. As it approaches the end, those who have eaten their fill and those who have suffered losses should stay away.
#BTC #ETH