On the first day of December, the market is still in that bearish state.

However, the few short positions I opened earlier are quite promising:

DUSK leveraged 20 times made 10 times profit, ICP and PLUME both leveraged 20 times each made 12 times, LSK and ACE also leveraged 20 times each took 3 times, HOLO leveraged 20 times received 5 times. Although these are all small positions for testing the waters, the feeling of being right about the direction is something you understand.

To be honest, I really don't have high hopes for this wave at the end of the year. During this period from December to the end of the year, I will still keep an eye on some targets to continue shorting.

I have previously discussed some insights and experiences regarding my short-selling strategies. In addition to the technical aspects, there is actually a sector where you can mindlessly go short - blockchain game tokens.

Why dare to say that? The logic is very simple:

First, the essence of chain game tokens is just a "mining model", focusing on the output to profit ratio. When the market takes a downturn, who still has the heart to play games to earn profits? If no one plays, the entire economic model cannot function, so why should it rise?

Second, the only things that can cause the blockchain gaming tokens to rise now are either changes in tokenomics rules or large funds coming in to pump and speculate. However, this kind of rise is not sustainable; once the hype passes, it immediately falls back.

Moreover, I see that there are statistics showing that the blockchain gaming sector has been in a downward trend this year, uniformly declining. With this data right there, isn't the logic for remaining bearish quite obvious?