大头-悟道中
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Let’s review how Trump's eldest son previously rallied against retail investors in Ethereum.
Starting from 3800, there was a drop, a rebound in between, and then continued to drop.
On the evening of February 4, it dropped from 2900 to 2100. Actually, during that period, most retail investors in the market had already lost at least 70%, and many were quite desperate.
But that was not enough, as there was still a portion of retail investors attempting to buy the dip, so after a rebound, it continued to drop, going from 2600 all the way down to 1800. At that time, there were not many buyers left, and most retail investors had already cut their losses and left the market.
But still, it was not enough, far from enough. They continued to drop from 1800 to 1350, while constantly inserting needles to shake out positions, forcing ancient large holders to hand over their chips before it finally started to stabilize. The whole process lasted nearly six months, and it happened while Bitcoin hardly dropped at all, which can be described as extremely bloody and brutal.
After experiencing 1011, the market depth, selling pressure costs, and institutional endorsements are far, far lower than during the last wave of Ethereum. At the same time, this time both BTC and ETH have a large amount of profit that needs to be cleared.
What kind of market will emerge next? We shall wait and see.
Starting from 3800, there was a drop, a rebound in between, and then continued to drop.
On the evening of February 4, it dropped from 2900 to 2100. Actually, during that period, most retail investors in the market had already lost at least 70%, and many were quite desperate.
But that was not enough, as there was still a portion of retail investors attempting to buy the dip, so after a rebound, it continued to drop, going from 2600 all the way down to 1800. At that time, there were not many buyers left, and most retail investors had already cut their losses and left the market.
But still, it was not enough, far from enough. They continued to drop from 1800 to 1350, while constantly inserting needles to shake out positions, forcing ancient large holders to hand over their chips before it finally started to stabilize. The whole process lasted nearly six months, and it happened while Bitcoin hardly dropped at all, which can be described as extremely bloody and brutal.
After experiencing 1011, the market depth, selling pressure costs, and institutional endorsements are far, far lower than during the last wave of Ethereum. At the same time, this time both BTC and ETH have a large amount of profit that needs to be cleared.
What kind of market will emerge next? We shall wait and see.
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