I just glanced at Binance’s real-time data and ATA completely stunned me. In the past 24 hours, $ATA has crashed—down 42.86%. Current price: $0.001. And the trading volume is only 396K USD. If there were brothers on the barbecue stall telling people to buy the dip on this thing, I’d respect him as a real man—purely daredevil behavior. On the same table, VANRY is down 37%, SXP down 38%, HARD down 40%—the whole altcoin board looks like they coordinated a group jump. One after another, perfectly executed disaster poses.
Fear and greed index? Right now it’s probably down to single digits—ice-cold to the extreme. In the group chat, even the people who kept shouting “the bull run is back soon” have disappeared; they’ve switched to posting funny memes to keep warm. You decide, take a closer look—when it drops this badly that even people can’t be bothered to curse anymore, what does that mean? Either it’s absolute despair all the way through, or everyone has just given up and is lying flat playing dead.
But then again, while the Nasdaq is up 0.3%, gold is holding steady at 2360, and oil is around 82—outside markets are all calm and peaceful. Meanwhile in crypto, it’s rivers of blood. You can only say the alt-season hasn’t arrived, but the alt-coin memorial day is basically being celebrated every day. NMR isn’t doing any better either—getting dragged down and buried along with it.
Sure, we can complain, but don’t really go all-in with your living expenses on some daily chart “head-chopping blade” pattern. Just look and don’t get carried away.
#Alt-Season Hasn’t Come #Buying the Dip Requires Caution
The above is only my personal view and does not constitute investment advice.
Fear and greed index? Right now it’s probably down to single digits—ice-cold to the extreme. In the group chat, even the people who kept shouting “the bull run is back soon” have disappeared; they’ve switched to posting funny memes to keep warm. You decide, take a closer look—when it drops this badly that even people can’t be bothered to curse anymore, what does that mean? Either it’s absolute despair all the way through, or everyone has just given up and is lying flat playing dead.
But then again, while the Nasdaq is up 0.3%, gold is holding steady at 2360, and oil is around 82—outside markets are all calm and peaceful. Meanwhile in crypto, it’s rivers of blood. You can only say the alt-season hasn’t arrived, but the alt-coin memorial day is basically being celebrated every day. NMR isn’t doing any better either—getting dragged down and buried along with it.
Sure, we can complain, but don’t really go all-in with your living expenses on some daily chart “head-chopping blade” pattern. Just look and don’t get carried away.
#Alt-Season Hasn’t Come #Buying the Dip Requires Caution
The above is only my personal view and does not constitute investment advice.
