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To say the most heartfelt words, there are two most common ways for the crypto world to hit bottom: 1. Violent Long Wick Candle, 2. Frying Pan + Drawing a Big Door. Especially the second one.
Why? When everyone is going long, the downward kill will generate the largest selling liquidity (long stop losses and short chasing), at which point large buy orders can enter the market. This downward movement will be very fast, causing all the longs to be liquidated, and the shorts chasing at the floor. Then suddenly it finds a bottom and slowly rises.
Don't think I'm being mystical; this door, especially Ethereum, will eventually come. It's just that I don't know where to start drawing the price.
Remember what I said today, drawing a door before a significant surge is the only choice for large funds.
#USDT 市值创新高