Since the 10.11 incident, the market has been clearly off
The daily repeated pump and dump pattern is essentially to liquidate leveraged positions
The recent trend follows the same script
Large funds have already gradually exited the market, while retail investors have been repeatedly washed out over the past few months
Now, be cautious, and don't just go long based on someone's opinion
A few months ago, you were already lured by FOMO into buying high, and now your account is stuck with unrealized losses
Currently, the only truly meaningful buying volume in the market comes from DAT, such as institutional-level allocations like MSTR and BMNR
Apart from that, almost no one is genuinely buying the dip
In the next few weeks, the probability of a full-scale panic liquidation event is extremely high
Protecting your principal is the only thing you must absolutely do now
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Don't casually try to buy the dip
Since the 10.11 incident, the market has been clearly off
The daily repeated pump and dump pattern is essentially to liquidate leveraged positions
The recent trend follows the same script
Large funds have already gradually exited the market, while retail investors have been repeatedly washed out over the past few months
Now, be cautious, and don't just go long based on someone's opinion
A few months ago, you were already lured by FOMO into buying high, and now your account is stuck with unrealized losses
Currently, the only truly meaningful buying volume in the market comes from DAT, such as institutional-level allocations like MSTR and BMNR
Apart from that, almost no one is genuinely buying the dip
In the next few weeks, the probability of a full-scale panic liquidation event is extremely high
Protecting your principal is the only thing you must absolutely do now