Recently, many people have been asking about the ZBT token, especially those who got caught short at the 0.1 level. Coincidentally, it has been trending on hot searches these days, so I want to share my opinion.

Since its launch in October, this coin has been declining, with the bullish trapped positions quite concentrated. There was a previous rally, which resulted in three limit-down days, and today it suddenly formed a large bullish candlestick. It looks fierce, but honestly, it’s just capital playing with emotions. The circulating supply is too small, and the trading depth is insufficient; just a few tens of millions of funds can stir up waves. That surge today was actually pushing out short positions, not genuine buying interest entering the market.

These small coins that spike quickly share a common trait—lack of proper pullbacks and turnover. Although the weekly chart hit a new high, the trading volume hasn't kept pace, and there aren’t many followers. The current high-level consolidation looks strong, but in reality, it’s just waiting for the next buyer to take over. These kinds of tokens tend to move independently; if the overall market (like BTC, ETH) starts to correct, they are usually the first to be hammered because they lack real fundamental support.

My advice is to avoid chasing the emotional hype at the top; be patient and wait for the price to return to a reasonable level.