The situation on $GIGGLE is still quite interesting. I see the bulls continuously adding positions at low levels, just after closing out old orders, the price was hammered down, then pulled back up, with a gain of only about ten points. But this is enough to show that someone is continuously sweeping the market. The current long position size is not small; large traders are just one of the players, and the entire market is oscillating within this ten-point range.

From the data, the price has been continuously dumping, essentially cutting into the longs. I hope these holdings can hold up, and you can also withstand it. But I have another judgment — around the New Year, a batch of long positions might be directly closed or stop-loss triggered. That’s when the short opportunities will come. If the price drops to the forty to fifty range, I might consider taking profits on my short positions.