$PEOPLE has said many times that it is a sideways coin, and what about that stubborn kid? Look at my historical posts, am I right?
Why is it a sideways coin? I tell you, this coin does not have a whale. The exchange is the whale, holding the chips, but Zhang Wuji has too much spot, and the exchange does not dare to pump the price. Once these big players leave, it can soar in a minute.
However, prolonged sideways movement has led to more and more big players, especially disgusting ones like Zhang Wuji, who keep holding on without selling, waiting for others to lift the sedan.
The current situation is that it can't drop further; the more it drops, the more retail investors and big players there are. It can't rise either because Zhang Wuji has too many chips in hand, and once he dumps, the exchange will also be buried. So the best outcome is to sell and buy other coins. It's still possible to buy other coins during this rebound; otherwise, you won't catch the second round of general rise.
Three months later, it will still be around 0.06, don't believe it? Just watch.