📣Smart Money 0xSun: The Golden Era of Shorting Altcoins Is Over

On April 7, Smart Money and crypto KOL 0xSun (@0xSunNFT) shared his latest market view:
Over the past two months, he’s been steadily shorting altcoins with low leverage. However, his strategy has recently shifted toward more diversified targets and smaller position sizes. Why?

🔹Older tokens have already crashed.

🔹Newer coins have gone through valuation corrections; there’s less froth and lower chance of sustained downside.

🔹With more capital flowing into shorts, some market makers are manipulating prices to squeeze shorts or profit via funding rates.

As a result, the edge for shorting has weakened.
“The golden era of shorting alts is likely over. If you’re not an experienced trader, tread carefully,” he warned.

On bottom-fishing: macro shifts (e.g. $Trump’s proposed tariffs) may trigger more downside, but a clear market bottom has yet to form. Patience is key.