🤔$DOS continues to slide—what signal is this trend?
Earlier, a sharp surge pulled in a large amount of capital. Now, bullish momentum continues to fade, and profit-takers keep exiting.
After the short-term heat cools off, there’s a lack of new capital to take the baton, so choppy downward movement becomes the norm.
For coins that experienced a violent rally, the pain level in the drawdown phase is far beyond what people expect. Don’t rush to buy the dip. The market doesn’t announce a bottom, and blindly jumping in can easily leave you stuck in losses for a sustained period.
$TUT
$TST
Earlier, a sharp surge pulled in a large amount of capital. Now, bullish momentum continues to fade, and profit-takers keep exiting.
After the short-term heat cools off, there’s a lack of new capital to take the baton, so choppy downward movement becomes the norm.
For coins that experienced a violent rally, the pain level in the drawdown phase is far beyond what people expect. Don’t rush to buy the dip. The market doesn’t announce a bottom, and blindly jumping in can easily leave you stuck in losses for a sustained period.
$TUT
$TST
