Let's talk about whether Mentougou will have a big impact in the future
1. Mentougou compensated about 140,000 BTC, equivalent to a market value of about 9 billion US dollars. The volume is not large, and it was distributed in batches. The total market value of BTC is 1.25 trillion. What is the proportion of 9 billion? The selling pressure is not serious, which is not enough to be used as evidence
2. Mentougou's creditors all participated in digital asset investment 10 years ago and are the backbone of the currency circle. There should not be many users who choose to sell after receiving compensation, which will reduce the selling pressure again
3. The real purpose of Mentougou is to scare the leeks. The dealer cooperates with the bad news to smash the market and persuade the new leeks to retreat
4. Be a smart leek, don't panic when the bear market comes, and distinguish which ones are real bad news and which ones are to scare the leeks
The current market is volatile. Whether you are keen on Heyue or spot, you can check the top to find me. I am also optimistic about several potential coins and I am ready to lay out.