#币安Alpha项目公布
Potato prices are skyrocketing: Unveiling the truth behind market correction and retracement!
Imagine you are selling potatoes. Suddenly one day, someone comes over and says they want to hold a fast food festival where everyone can bring their fries to participate in a competition, with a chance to become the best fries chain in the city.
Everyone hears this and rushes to buy potatoes. With high demand and low supply, the price starts to rise.
Some unscrupulous businessmen buy up large quantities of potatoes and hoard them, then sell them at a high price; let's call them the “Potato Alliance.”
Assuming the price rises by 60%. But when the government investigates and finds that there is an alliance manipulating prices, it announces the total supply of potatoes. The market calculates, and the price drops by 10%, this is price correction.
Then, a day later, sellers from other cities come to sell potatoes at high prices. With more new sellers, the price drops again by 25%, this is retracement.
Later, the government suddenly decides to import more potatoes from China. As soon as the news comes out, the market collapses, and the price plummets to 50%.
This is market crash.
Finally, someone did some research and found that the fast food festival news was fake, and told everyone. As soon as the market hears this, it drops again, and potato prices nearly reach zero.
This is market fraud.
So, regarding the current downward trend, what is the reasonable indicator? I guess it is market crash.
For the upcoming layout direction, I will guide everyone to target the lucrative opportunities of the imitation, especially those projects with great potential, where a 10-fold expected return is not a problem. If you want to make big money in a bull market, give a thumbs up + leave a message, and I'll take you to layout the entire bull market!