GAS this wave of market movement is interesting. From a technical perspective, the 1-hour K-line just dipped back after a spike, a typical trap pattern. The previous bottom only rose by a little over 10 points, and the current price is 2.1.

To be honest, considering the fundamentals of this coin and the domestic project background, the current market cap is indeed somewhat overestimated. Combining the technical adjustment signals, the short-term shorting logic still holds. Entering a short position at this level, the risk-reward ratio can still be considered. No need to overthink it; the technical signals have already been given.