Is the NFT market "cooling down"? 75% of mainstream coins have fallen below their moving averages, do you still believe in the nonsense of "value investing"? 👻
Family, has the NFT market been a bit frighteningly quiet lately? In the past, it was all about "floor prices doubling" and "some monkey reaching new highs", but now? All we hear is "halved" and "zeroed out"... 📉
Don't tell me about "the NFT market returning to value investing"! I have some "data dissection" for you to see: 75% of the top 100 cryptocurrencies by market cap have fallen below the 50-day and 200-day moving averages! 📊 What does this mean? The overall market is running naked, can NFTs stand apart?
It's like your neighbor Wang next door, his house has collapsed, and you still expect the chickens in his backyard to lay golden eggs? 🐔 Isn't this logic a bit touching?
So, those who are still advocating for the "long-term value" of NFTs, are they a bit self-deceiving? The market is this brutal now, most projects are hovering on the edge of "technical death". Don't be fooled by those "sentiments" and "art", your wallet is the most real! 💰
Do you think NFTs are "really cooling down" or "fake falling"? Is it time to cut losses, or is it a perfect opportunity to "buy the dip"? Speak up boldly in the comments! 👇 #NFT #bearmarket
#数据