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September 27/Altcoins generally rise, Ethereum 2800 becomes the key
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#TAO #ETH #NEARUSDT #WIF #saga
🔹Reviews from Cognitive Society
Unlike the previous six months, this round of Bitcoin rebound not only led to the rebound of altcoins, but also the rebound of a large number of altcoins was far stronger than Bitcoin. There was even a large number of general price increases in altcoins.
When the market was in despair, hope did emerge. If the plunge on April 14 was to clean up contracts, and the plunge on June 18 was to clean up leverage, then the apocalyptic plunge on August 5 shattered the last hope of those holding copycat spot positions.
When a copycat stock falls by more than 51%, the subsequent plunge actually has little to do with the contract, because the 2x leverage has been liquidated, and it is more about the despair of the copycat spot.
#TAO #ETH #NEARUSDT #WIF #saga
🔹Reviews from Cognitive Society
Unlike the previous six months, this round of Bitcoin rebound not only led to the rebound of altcoins, but also the rebound of a large number of altcoins was far stronger than Bitcoin. There was even a large number of general price increases in altcoins.
When the market was in despair, hope did emerge. If the plunge on April 14 was to clean up contracts, and the plunge on June 18 was to clean up leverage, then the apocalyptic plunge on August 5 shattered the last hope of those holding copycat spot positions.
When a copycat stock falls by more than 51%, the subsequent plunge actually has little to do with the contract, because the 2x leverage has been liquidated, and it is more about the despair of the copycat spot.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
87,937.52
+1.07%
ETH
2,157.21
-0.89%
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