💡Mentougou does not directly pay the coins to the creditors, but first gives them to the cooperative debt compensation platform, which then gradually distributes them to the creditors. This process takes 2-3 months, which is a long process. #门头沟事件
So the short-term impact on the market is just sentiment, but in the long run, there should be a series of sell-offs in the future.
This is also why the price broke through the previous high, but I am not optimistic. At present, I still tend to fluctuate and will not take a very good trend. I will observe after a period of time and take one step at a time. $BTC