🆘Reasons for small coins leading the rise of big coins📈
Last night, the coin market showed a trend of small coins leading the rise of big coins. The reasons are as follows: the sentiment of small and medium-sized coins in the market has dropped to the freezing point in the past two days, while the fear and greed index of big coins is still at 70 during the same period.
The pessimistic trend of small coins can be compared with August 5 and July 4. In such an extremely pessimistic situation, the leverage reduction of small coins has been basically completed, and the room for decline is extremely limited. Just as the fear and greed index of US stocks fell to the level of August 5 last Friday, it is basically difficult to continue to decline. Market trends often run counter to consensus expectations.
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