$MARSCOIN hit a low of 0.075 today. Although it rebounded to 0.0848, the overall trend has already broken down. Just like Niulai, it looks like it has completed its first sentiment cycle, and the community is gradually talking about it less and less.
A lot of people are asking when the turning point in the second cycle will come. Remember, you can’t identify a turning point just by looking at a single candlestick—the way people talk and act has to change too.
A top often looks like this: the price is still rising, but people have stopped discussing why. All that’s left is posting prices and chanting slogans. The same lines get repeated over and over, with very few new reasons being offered. When the price first starts falling, that’s when dip-buying posts are most plentiful. Usually, that isn’t the bottom yet—the conviction from the previous cycle hasn’t faded.
The bottom is quieter: first comes doubt, then capitulation, and eventually even those become less common. When nobody mentions it, it doesn’t mean it has just fallen; it means the sentiment has mostly run its course. When it really starts to recover, it’s rarely because the old group comes back to life. More often, newcomers come in with new reasons. If the price only bounces and there are no newcomers, it’s probably just a relief rally.
Without a new catalyst, most MEME coins just remain in a state where nobody pays attention. For now, looking at $MARSCOIN , if you bought the dip recently, pause for a bit. There may be a rebound, but it probably won’t go very high.
In the medium term, we’ll see whether it can get to around 50–60 million and form a clear bottom.
It looks more like the second Binance Life run. I hope it falls a bit further, so it can give newcomers a better entry opportunity.
#跟着锦鲤学打百倍金狗 $币安人生
Follow Web3 Koi Diary, and may the coins you buy go 10x.
A lot of people are asking when the turning point in the second cycle will come. Remember, you can’t identify a turning point just by looking at a single candlestick—the way people talk and act has to change too.
A top often looks like this: the price is still rising, but people have stopped discussing why. All that’s left is posting prices and chanting slogans. The same lines get repeated over and over, with very few new reasons being offered. When the price first starts falling, that’s when dip-buying posts are most plentiful. Usually, that isn’t the bottom yet—the conviction from the previous cycle hasn’t faded.
The bottom is quieter: first comes doubt, then capitulation, and eventually even those become less common. When nobody mentions it, it doesn’t mean it has just fallen; it means the sentiment has mostly run its course. When it really starts to recover, it’s rarely because the old group comes back to life. More often, newcomers come in with new reasons. If the price only bounces and there are no newcomers, it’s probably just a relief rally.
Without a new catalyst, most MEME coins just remain in a state where nobody pays attention. For now, looking at $MARSCOIN , if you bought the dip recently, pause for a bit. There may be a rebound, but it probably won’t go very high.
In the medium term, we’ll see whether it can get to around 50–60 million and form a clear bottom.
It looks more like the second Binance Life run. I hope it falls a bit further, so it can give newcomers a better entry opportunity.
#跟着锦鲤学打百倍金狗 $币安人生
Follow Web3 Koi Diary, and may the coins you buy go 10x.