$PEPE
In a bull market, don't mistake roaring for horsepower
Retail investors chasing prices only see the fluctuating K-line and never notice the 'engine' behind the ups and downs.
Quality coins are like V8 engines hidden underwater. The capital structure is stable, the chips are highly concentrated, the track is clear, and the narrative is long. It seems to be idling, not lacking power, but the main force hasn't pressed the gas pedal yet.
Some coins, however, are just bluffing with a 1.0 displacement. Rising 20% in 1 minute, storming the hot list in 5 minutes, with cheers of 'taking off' in the community. The exhaust sound is deafening, but in reality, they have already floored the gas pedal, with an empty tank, unable to last even half the distance.
The cruel truth of a bull market lies here: retail investors are attracted by the noisy gains, while the main force only focuses on real horsepower.
What you bought is really an idling V8 waiting for the wind, or a 1.0 that has run out of fuel?
Understanding this step, a bull market is no longer a casino.