There was once a trader, who, at first, noticed a great opportunity in $HYPE. The price was high, and he believed it was a market just waiting to dump. So, he started selling $HYPE, more and more, every day. The price began to retrace, and as it did, he felt more confident. He thought to himself, "The price will keep going down. I'll keep selling and make a huge profit." As time passed, other traders started noticing the declining price of $HYPE and began jumping in to get a piece of the action. The selling pressure grew, and the price went down. The trader, growing more obsessed, continued selling $HYPE, thinking that the trend would continue indefinitely. But eventually, something happened, the market began to go up. Fewer sellers were willing to sell at a cheap price, and the trader was left holding a massive short position. Desperate, he told his broker to buy all of it as quickly as possible. The broker, confused, replied, "Who should I buy them from? You’re the $HYPE seller."
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