Recently, a small coin's price movement has been truly bizarre. The price shot up straight to 0.76 and then strangely traded sideways. This kind of counterintuitive operation pattern is quite rare in the crypto world.

Looking closely at the market logic, it seems more like the whales are intentionally targeting short positions— the recent spike pierced through many low-level short orders, causing the most damage to traders who were forced to stop out. Interestingly, the market didn't continue to surge violently but instead fell into a strange sideways consolidation.

From a capital perspective, this phase is very likely eating up funding rates. Once the sideways trading is sufficiently established, the next move could be to dump the price to attract more shorts, then restart a secondary upward wave at the bottom, continuing to attempt breaking the all-time high. This repetitive manipulation aims to confuse retail traders' thinking.

For ordinary traders, entering short positions at this stage carries high risk. The continuous drain of funding rates alone can wipe out your capital. A more rational approach is to observe and wait for clearer entry signals, rather than blindly following the trend. After all, going against the whales requires patience and good timing.