The memes on Sol have been pulling back these days, and many people are asking me why they are pulling back?
You have to understand that there is no coin that only rises and never falls, it is just a matter of time and stage. Some coins may not pull back even if they are pulled to 50m or 100m, but there will always be pullbacks.
Reasons:
1) From the perspective of a single coin
a. It takes money for the dealer to pull the plate. Where does the money come from? One is the money they originally prepared, and the other is the money they made from the first wave of pulling the plate and then smashing it. ROI is important in everything, and the dealer certainly hopes to make the plate as big as possible at the lowest cost.
b. The garbage dealer only pulls the plate once and then collapses, which is not called a pullback. How to avoid garbage dealers? This question goes back to the "eight questions of meme self". You need to distinguish the sustainability of a plate (combined judgment of narrative, dealer, and mechanism)
2) From the market perspective
a. When a black swan appears in liquidity, the pullback of BTC and Sol in the secondary market will affect the meme.
c. Black swan on the chain
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