Waiting to die, looking at this ticket, making a fall is about right
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叮咚鸭
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$COAI I have been trapped by this thing for a few months. Is this wave of increase really about to start? Will I really be able to break even? Absolutely impossible, for three reasons:
1. Position volume: Don't be fooled by the current top ten holdings being 94%. I have always kept an eye on the holdings, and I can tell everyone that this coin had 95% of its holdings with the big players a month ago, and this month the big players have been quietly selling off. I don't know how many times they've pulled it up now and then to make you think it's going to skyrocket, but it just gave you the opportunity to buy high and get trapped. Things don't go well more than three times; I was still optimistic the last few times they suddenly pulled it up, but this time I just want to laugh.
2. Did the big brother $MYX skyrocket? The myx before coai didn't really show any upward trend either. Did it still not just urgently sell off and trap people in a continuous cycle that made everyone unhappy? If coai is going to start, it has to take a cue from myx.
3. The overall market is bearish. The only purpose of altcoins skyrocketing is to sell off and buy the mainstream coins when the overall market is good. So the good news is that coai will rise, but it won't rise to the level it fell from. Until the overall market improves, coai will crash and sell off. As for when the overall market will get better? If I knew that, would I still be posting here? I would have gone all in long ago.
So what will coai's trend look like next, like this old妖币 myx? I have reason to believe it will be like this: slow rise to attract high buyers, then consolidate at a certain point, and the funding rate is always positive. It will consolidate until the overall market improves and then crash to a new low. This process will happen three times. Once most of the bottom longs either take small profits or get trapped and cut losses, only then will the big players truly skyrocket... But why go through so much effort? Why not just launch a new coin?
1. Position volume: Don't be fooled by the current top ten holdings being 94%. I have always kept an eye on the holdings, and I can tell everyone that this coin had 95% of its holdings with the big players a month ago, and this month the big players have been quietly selling off. I don't know how many times they've pulled it up now and then to make you think it's going to skyrocket, but it just gave you the opportunity to buy high and get trapped. Things don't go well more than three times; I was still optimistic the last few times they suddenly pulled it up, but this time I just want to laugh.
2. Did the big brother $MYX skyrocket? The myx before coai didn't really show any upward trend either. Did it still not just urgently sell off and trap people in a continuous cycle that made everyone unhappy? If coai is going to start, it has to take a cue from myx.
3. The overall market is bearish. The only purpose of altcoins skyrocketing is to sell off and buy the mainstream coins when the overall market is good. So the good news is that coai will rise, but it won't rise to the level it fell from. Until the overall market improves, coai will crash and sell off. As for when the overall market will get better? If I knew that, would I still be posting here? I would have gone all in long ago.
So what will coai's trend look like next, like this old妖币 myx? I have reason to believe it will be like this: slow rise to attract high buyers, then consolidate at a certain point, and the funding rate is always positive. It will consolidate until the overall market improves and then crash to a new low. This process will happen three times. Once most of the bottom longs either take small profits or get trapped and cut losses, only then will the big players truly skyrocket... But why go through so much effort? Why not just launch a new coin?
