November 24, 2024

Have a nice weekend. This weekend belongs to the old mainstream and copycats. Even the public chain projects of DOT and ATOM, which have not been active for a long time, have started, and they have doubled in a short period of time. You can imagine how crazy this market is. DOT has always been criticized by the market. A few months ago, it was questioned by the Chinese community because the foundation spent money recklessly. ATOM was the negative news that came out a while ago. Looking back, they are all means of the main force, just the last wave of washing before pulling the market.

The currency circle is indeed inseparable from hype and main force operation. As long as enough chips are collected in the bear market, the main force with strength can easily pull the market when the bull market comes. This is actually traceable. For example, the most powerful SOL was abandoned in large numbers after FTX went bankrupt, which laid the groundwork for the main force to pull the market this year. XRP, DOGE, including DOT and ATOM, have all experienced a long bear market and negative news. These are necessary guarantees for the main force to collect chips.

Let's take a look at ETH. Although it has also experienced a long bear market and its price has fallen below $1,000, the ecological movement has never stopped, whether it is LSD, upgrades, or the development of new and old projects, it has never stopped, so ETH has always been favored by the market. So sometimes it is difficult to judge the value of a project by price. After all, price is a pendulum, and most of the time it swings on both sides of the deviation from value.

In any case, the bull market has opportunities for most projects. The necessary conditions are either value or main funds to pull the market. At this stage, it is still in the rotation cycle, and the funds have not really acted on the cottage. After the rotation of the old mainstream coins is completed, it will enter the next sector. At present, this bull market is still in the first half. As for the retracement market, there will definitely be one, but the magnitude and specific time are uncertain.

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