#FTT abnormal movement, market funds began to ambush FTX's hearing expectations on the 25th.

It should be noted that the hearing on the 25th is just a routine confirmation of the adequacy and rationality of the plan by the court, and reasonable arrangements will be made for the creditors' voting procedures, which will definitely be approved.

But this "approval" is not the final approval, and the creditors need to vote between July and August to decide whether to pass this plan (for detailed process, please see my previous tweets)

So after the results of the hearing on the 25th come out, FTT band profits can be temporarily settled, and after a wave of negative declines, consider ambush the expected voting procedures in July and August.

The universal formula for playing bankrupt coins: find a safe position to buy the bottom after the decline, because there are always event expectations, so just wait patiently, and after the event is realized, you will make a profit and wait for the next expectation to appear and then ambush.

#FTX $FTT