12/21/2024. #binance
The downtrend from the 18th to the 20th is also very normal. This is a nascent financial market. When it comes to technology and vision, please set that aside. As long as that mindset persists, one will continue to suffer losses.
News is merely to legitimize price actions, allowing people to deceive themselves into thinking they have a reasonable justification for the price actions created by Market Makers.
It is not a coincidence that most major Western media companies are owned by private groups; major shareholders of financial groups also control media conglomerates,…
The market has gone through a growth wave from early November to mid-December, pumping a little here and there, but there is no time to pump everything. A restructuring of capital flow is needed, taking profits from certain projects and shifting to pump other projects. Money does not generate itself nor does it disappear; it merely moves from one place to another.
Never think "the sharks haven’t entered yet" or "the sharks have bought everything up." That thinking is completely wrong; what is referred to as sharks are just "small" wallets separated from MM to make people think that there are many participants. "Small" amounts range from several tens to several hundred million dollars. At any given time, the number of tokens and the amount of money they have will always increase. They are the ones who have owned tokens since the project’s first fundraising. Therefore, there’s no reason for them to kill the goose that lays the golden eggs.
Slowly, everything will be pumped as desired; rushing will only lead to personal losses. Don’t be greedy by playing Futures, risking large losses for small gains. The exchange holds a large amount of coins from each project, and so do the sharks. You borrow coins from them to "play against them," and the outcome is obvious :))))