Recently closed two short positions, and I’d like to share some observations from this period.

I’ve been watching WLFI for quite a while. To be honest, the trading depth is concerning, and the activity level is far below expectations. I’ve hardly seen any retail participation. When the airdrop actually hits, the sell-off will be fierce. Instead of passively absorbing the impact, it’s better to buy the dip in advance.

BREV is even more interesting. The manipulation techniques behind the scenes reveal a mediocre level of skill; the price increases are always very restrained, and it drops sharply on any correction. This asymmetric movement signals that someone is laying in wait to harvest those chasing the high. I believe my short position on this was based on the right logic.

Together, these two positions earned around 1000 to 2000U. Today, I closed them all.