I think this big dump of YALA has just begun.

Let’s first talk about the root cause of the crash. The last hacking incident was no small matter – tokens were directly minted and cashed out. Do you think the project team could handle it? Institutions withdrew their stakes at the first opportunity, and the project team could only hard lock a batch of tokens to barely maintain the situation.

But how long can this last? Retail investors are worse off. Want to redeem? Wait half a month. What does half a month mean? No one knows where the coin price will drop to. Even if there are any compensation plans later, the first reaction of those who receive it will definitely be to sell off to stop losses.

So my judgment is clear: this is a medium to long-term short position that can be held.

Some beginners may not understand, so I will be blunt—something went wrong with the project, big funds have fled, and retail investors are locked in and can't escape. When this signal appears, shorting is the right move. The market does not lie; the speed of your escape determines the extent of your losses.