Yesterday's new listing trend on Binance unreservedly revealed the consistency of investors' behavior when ambushing new coins in front of the market makers.
Aside from Cheems Why, other coins originally hoped for like DeSci, Mascot, and TikTok Meta have all experienced a slight pullback.
After this, the rotation speed of new narratives will continue to accelerate, with its rapid iteration appearing frequently like a 'speedrun.'
Base and Sol will also alternate in rotation, while the old narrative's wash trading techniques will increasingly lead to despair.
The market will continue to operate through this repetitive 'rotation' and 'wash trading' until most investors fall into despair and helplessly choose to cut losses and exit.
Only after achieving a sufficient level of control may a significant upward trend be possible. Because if this condition cannot be met, it will be difficult to encourage CEX liquidity to take over, and thus, the positive cycling momentum of the entire market will gradually weaken, which is unfavorable for further development and promotion of the market.
It is important to remind that the cryptocurrency market carries high risks and uncertainties, and investments should be made with caution while fully understanding the associated risks and regulations.
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