Don't worry about the decline of cryptocurrencies, this is the Wyckoff accumulation
If you are worried about the decline of cryptocurrencies, don't worry, let me tell you. This is actually a market strategy stage called Wyckoff accumulation. Those big guys or "whales" like to use this trick to take advantage of the panic of novice traders and buy their assets at low prices. When the novice sees that the market is not right, they think it will fall sharply. In fact, this is all a routine.
How does this routine work? At the beginning, the price plummeted, scaring everyone. Then it rebounded a little, giving everyone some hope, and then it fell again, and fell even harder. This back and forth, people who have assets in their hands have lost confidence. Over time, the price has been falling all the way until it falls to the key "triple bottom". At this time, many people who were confident in the assets before gave up, sold their assets at a loss, and thought that they would continue to fall.
But in fact, this is not over yet. This is precisely the beginning of a strong rise. The whales took advantage of everyone's pessimism and bought at a low price. When they bought enough, the price began to rise steadily, usually a big rise.
So, we have to be patient and see through. Don't let fear make us lose money by selling assets. At this stage, the big guys are playing psychological warfare, trying to grab money from those who can't keep calm. We have to be calm, don't be impulsive, and believe in this process. It is usually a prelude to a big rise.
For the next layout direction, I will lead everyone to aim at the profit opportunities of cottages, especially those projects with great potential. There is no problem with the expected space of more than 10 times. If you want to make a lot of money in the bull market, like + leave a message, and take you to layout the entire bull market!
