Educational Post💻
History lesson in 2022.
Remember Metaverse & Layer1 was so hyped that time. The overall market turned reversal. $SAND is one of them.
With the consolidation of a massive descending triangle, SAND front-ran breaking down even before $BTC & everything crashed.
- Firstly SAND broke down. BTC and others were still in slow grinding mode.
- Secondly, SAND printed a dead cat bounce 40% and retested descending triangles. BTC and others were still in slow grinding mode but getting weaker.
- Finally, everything crashed when BTC crashed.
Now I can see $WIF is the same as the SAND of the previous cycle.
