LSK surged to the top of the gainers today, but the chart has already shown a downward pattern. This rally likely trapped many brothers who chased high positions.

Looking at the data, the long-to-short ratio is 1:2, with shorts dominating. However, strangely, after the sharp rise, the expected waterfall did not occur. Based on experience, the market maker might be holding back for a midnight move, so friends planning to open short positions should set proper stop-losses.

Recently, there is a clear phenomenon in the market—old coins are repeatedly being aggressively pumped, crazily absorbing market liquidity. During such times, never let FOMO emotions take over; chasing highs and selling lows is a big mistake.

Hope that friends trading contracts can profit on both sides, and together we can beat these manipulative whales!