Recently, the cryptocurrency market has experienced another significant fluctuation. Short sellers of the $MAGIC token have reaped substantial rewards, with a return rate as high as 6 times. This phenomenon has sparked discussions about market manipulation.

There are views that certain large holders may be manipulating the market by driving up prices to attract retail investors, and subsequently selling off in large quantities to profit. This behavior is humorously referred to as the 'dog庄' tactic. However, in the face of such a market environment, some traders choose to adopt a more proactive strategy, stating that regardless of how prices fluctuate, they will stick to their trading judgments.

Meanwhile, there are reports in the market that Strategy is increasing its holdings of Bitcoin, which may have a certain impact on the overall encryption currency market. Investors are closely monitoring this trend and the potential market reactions it may bring.

In such a complex and volatile market environment, investors need to maintain a clear mind, manage risks effectively, and make cautious decisions. Whether choosing to go long or short, it should be based on thorough market analysis and individual risk tolerance.