Recently, I have observed some newly listed cryptocurrencies that have been around for a while, and I found that many of them are following a similar pattern—price fluctuations back and forth, with each rally appearing very difficult.

More importantly, trading volume remains very quiet, and there is no sign of new funds entering the market. Under this situation, holders gradually start to dump their holdings, and then the market begins to reveal its true nature.

Once the off-chain enthusiasm dissipates, the supply pressure will fully emerge. At this point, shorting becomes a relatively safer option. Instead of betting on a rebound, it’s better to be cautious of those coins with shrinking trading volume and weak upward momentum—these are often the most risky areas.