Many friends have been liquidated during this round of "leveraged cleansing". So how can we judge the dealer's operation of a "sharp decline" in a bull market? I'll briefly share my personal view:
When the market rises too much, a correction is naturally needed. In a bull market, there are usually two ways to cleanse: first, there is a sideways consolidation at a high level, followed by a sudden drop to digest the gains; second, a sharp decline occurs after panic buying (FOMO). Everyone has different expectations and ways to handle such adjustments. The market already needs a correction, and with the listing of the new coin $MOVE , the dealer took the opportunity to conduct a washout. In short, the market has risen too much and needs to rest, while the listing of the new coin has become a catalyst for the adjustment.
Of course, this is not a template, just a general idea. Experienced experts can judge through their thoughts and experiences, while beginners relying on market sentiment might find that, although there are many opportunities in this bull market, you are likely to lose your entire investment.