They want to short squeeze whomever adheres to their official "opinion".
A typical Peter Schiff-Marc Faber-Mike Maloney-Jim Sinclair-Bill Holter tactic.
Both bitcoin and litecoin are obsolete and still have more downside, but to start to short LTC now is less wise than it was before.
A down cascade is what multicoin's "opinion" relies upon, and it is speculative since another asset bubble may be on its way.
RE: Crypto Hedge Fund Says "Short Litecoin"