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Guys, you should be very careful with $WIF right now, I think some people are either orchestrating a well designed pump and dump or the market is in quite a well designed equilibrium(No losses and no profits). If you enter right now you may lose your funds. Check the chart all the buy orders are getting just enough or exact sale orders even if those orders are hours apart. When you start seeing those signs it clearly tells you that the market is in quite a stable state such that those who bought are not really going after profits but rather after their capital(for whatever reason). They are such selling at prices a notch above their entry prices. Or they strategically bought to drive the price up and have started dumping now. With each sell corresponding to a buy some hours ago. But also , it may be that this is just one weird rare natural occurrence. 🤦‍♂️🤦‍♂️🤷‍♂️ With #WIF🔥🔥 getting the third position in the line of meme coins, it is not also surprising that people may overbuy it which drove the price up. And entering into the weekends people started selling for some weekend fun. So a pullback is not far fetched. But ideally it never went up above $3.5 when #BTC hit $74k , so now that #BTC is $71k, $4.2 may just be a little daunting right now. Whatever be the case the market is not stable even though it might look fine. #WIF

Guys, you should be very careful with $WIF right now, I think some people are either orchestrating a well designed pump and dump or the market is in quite a well designed equilibrium(No losses and no profits).

If you enter right now you may lose your funds. Check the chart all the buy orders are getting just enough or exact sale orders even if those orders are hours apart.

When you start seeing those signs it clearly tells you that the market is in quite a stable state such that those who bought are not really going after profits but rather after their capital(for whatever reason). They are such selling at prices a notch above their entry prices.

Or they strategically bought to drive the price up and have started dumping now. With each sell corresponding to a buy some hours ago.

But also , it may be that this is just one weird rare natural occurrence. 🤦‍♂️🤦‍♂️🤷‍♂️

With #WIF🔥🔥 getting the third position in the line of meme coins, it is not also surprising that people may overbuy it which drove the price up. And entering into the weekends people started selling for some weekend fun. So a pullback is not far fetched.

But ideally it never went up above $3.5 when #BTC hit $74k , so now that #BTC is $71k, $4.2 may just be a little daunting right now.

Whatever be the case the market is not stable even though it might look fine.

#WIF

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I know that a lot of guys out there started to panic and sell their $Ethfi tokens because of the corrective pullback started around thursday. Now why that pullback ? 1. Traders panicked : The meteoritic rise of #ETHFI⁩ clearly sent chills down the spine of a lot of traders, even though they made a huge profit from it.Hence they panicked and sold. That was expected . 2. It's launching and growth : Some people never expected an asset launched at $5.6 and went to $3.5 dollars in a day can get that kind of growth in just another arbitrary day(move from $3.5 to $5.4 in a day and $5.4 with to $7.1). But we have forgotten that it was launched at the time #BTC crashed from $74k to $60k. So accounting for it's delay in rising. 3. At $7.1 virtually everyone was in profit : At it's peak of $7.1 all those who invested in it were all in profits at this point. So everyone began to sell only those who bought at that price were somehow found wanting. But the good news is that most of them were those that had originally made profits and just bought for anticipating further rise. 4. Cutting losses: Due to a mixed of the above reasons, people tried to cut loses too early as all perceive virtually a very overbought asset. Again sold. 5. The approaching weekend: With $ETHFI being a gainer from Monday right into thursday will a thundurous bull run, the cool breeze of the weekend philosophy caught up with it and as such experience d a little pullback. Again I am not really a fun of long write-ups. But you might have realized that kept mentioning a pullback instead of a trend reversal, so I will follow this article up with reasons why I still bullish more than ever about #ETHFI⁩ idstead of bearish. Sorry this article is so long. 🤦‍♂️🤦‍♂️ #ETHFI $WIF $BOME
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4I can't believe I am saying this, but imagine praying for the market to go down. This bull run is a spectacle for us especially cashing in on #BTC #ETHFI #WIF🔥🔥🔥 #BOME🔥🔥🔥 . But yes, a lot of the ETHFI guys may be worried about the bullish run of BTCand still with bull run why is the trading volume on ETHFI still calm ? That may be due to a few factors : 1. Even though there is a bullish run , #ETH can't compare to BTC and as such it will be understandable that #ETH based projects may not immediately shoot to the moon. 2. Also people diverted their focus on ETHFIowing to the decline of BTC more or less like a hedging instrument. So as BTCis up bullish again it is understandable that they look there too (I am one them :) ). 3. So that's that mean that we don't believe in ETHFI ? Absolutely not !!!, in fact it is on the contrary. Why ? i. You will only use a strong investment as a hedge right ? ii. Look at the trading volume of ETHFI and compare it to BTC you will be shocked to realize that even with more trading and activity on BTC but the price of ETHFI relatively went up to $4.5 and consolidating at there after consolidating previously at $3.96 even during the weekend, this signals that what ever be the case people are ready to hold on to it because they believe in it. 4. We all can see the performance of #WIF too. Even though I am quite confident that it will drop a little I am not so sure about ETHFI dropping significantly for a confident entry. We all have to be quite realistic that , it handled the bull run of BTC quite well. 5. #BOME also consolidating very well so far. But I am still waiting for a good entry. So tell me what you think will happen next in the comments, a correction or a complete shooting to Mars. I will leave it here for now. I will get into why #BTC shot up soon. Until then, peace out.
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