You can look for opportunities to short cookie; I won't mention specific price levels but will share a few logical points:
1. Staking has started, and airdrops are being distributed (those who understand will get it). Recently, there has been intensive advertising to attract buyers.
2. However, the contract's open interest (OI) has been consistently decreasing. During each pump, the market maker is looking for counterparties to close long positions.
3. For example, during the spike on 5/26 that liquidated short positions, the market maker used counterparties to close a large number of long positions.
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