🚨 20 million HIGH tokens were dumped. Can they rise again after a 60% plunge?
It is reported that 20 million HIGH tokens were withdrawn to the exchange for cash, causing the market to plunge by more than 60%. This news has been uploaded to the market for a day. Today, the price of HIGH is sideways. Should I buy or sell? How to get rid of the long orders? 📉
💡 Market reaction and future expectations
The plunge of HIGH tokens has attracted widespread attention in the market. Although the price is sideways today, market sentiment is still tense. Investors need to pay close attention to market dynamics to understand whether there will be more selling pressure in the future. If market sentiment stabilizes, HIGH may rebound. 📊
🔍 Gamblers' return strategy
For investors who suffered losses in the plunge (commonly known as "gamblers"), the return strategy needs to be cautious. First, stay calm and don't blindly increase or sell. Second, pay attention to market dynamics and technical analysis to find a suitable entry point. If you are still optimistic about the long-term prospects of HIGH, you can consider buying gradually at low points to reduce the cost of holding positions. 🧘♂️
📚 The importance of risk control
No matter how the market fluctuates, risk control is the top priority for investors. Investors are advised to diversify their investments and avoid investing all their funds in one currency. Understand market rules and risk management measures to avoid unnecessary losses in market fluctuations. 💼
