0xSun: The Golden Age of Shorting Shitcoins is Over

Blockbeats
04-07

BlockBeats News, April 7th, Smart Money, crypto KOL 0xsun.sol (@0xSunNFT) posted on social media, stating, "For the past two months, I have been consistently shorting altcoins with low leverage. My strategy has gradually shifted to diversified targets and reduced single-position size. The reason is: old coins have plummeted in value, new coins, after experiencing a round of valuation slaughter, do not exhibit a clear market cap bubble, making it difficult to sustain a continued decline with high rebound risk. At the same time, more and more funds are shorting, and some market makers have started controlling the market to squeeze out short positions or using funding rates to counterattack, weakening the advantage of shorting.

I believe the golden age of shorting altcoins has passed, and it is not suitable for inexperienced players to participate. Regarding buying the dip, the current macro changes (such as Trump's tariffs) have triggered further declines, but the bottom is not yet clear, and further observation is needed."

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