Why would I say that AI16z, a coin that has been very popular recently, will definitely fall? Will say to short it in the short term,

From the following perspectives, I analyze,
First of all, it cannot be denied that this is a relatively good project at present.
But not a good price,
For the project party, retail investors, and main force, none of them are good prices.
Today the price has already reached two dollars. As a trader, would you choose to buy at this price? I think most people would not choose this price.
For the project party, the banker, no matter what project, no matter how much for everyone, there is only one goal in the end, to short the coin. If you want to go short, the current price is completely the banker's game of moving money around without new funds coming in. Who can they go short on?
The best thing to do is to let everyone see how powerful this project is, and then start a correction or decline,
During this process, it is the time to lure everyone into the market,
So currently, the market makers will push the price very high, but there is also a limit. Once it reaches a certain threshold, it will backfire and become purely a single coin, so there will definitely be a wave of pullback or decline later.
Whether you are optimistic about the future of this coin or not, there will be a short-term decline. If it's a truly potential coin, it needs a healthy pullback. If it's just pure cutting, this price is also an excellent shorting opportunity.
Those who are bullish on this coin will only wait for it to pull back to a lower point, so from all perspectives, there will be a wave of decline,
Don't talk about technical analysis. Technical analysis only assists you in better understanding the points of entry and exit. If technical analysis represents everything, then there would be no losses. Therefore, enter the market with a light position, AI16z first-hand, shorting, and add a position after a ten-point rise. Pay attention to position management, and enter with a light position for the initial position.