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0xSun shares WLFI shorting logic: Shorting twice at high positions and closing position at low positions.
Odaily News According to trader 0 xSun's review, his recent two shorting operations on WLFI have not resulted in unrealized losses. 0 xSun stated that in the first phase, when WLFI's opening price was high at around 0.4 to 0.5 USD, he identified a selling pressure risk, chose to short, and closed the position in the range of 0.25 to 0.2 USD; subsequently, based on on-chain data showing concentrated selling from the pre-sale address after the opening, he restarted the short order when WLFI rose above 0.3 USD, and closed the position in the same range. He believes that WLFI's current FDV is still relatively high, but the short-term trend depends more on the actual Circulating Supply and pre-sale unlocking rules. If there is no clear bullish or bearish logic, he will not participate in new position operations.