August 19, 2024
When the market was sideways, hot money chose Binance's Chain Oil sector to stir up trouble, and some low-market-cap copycats also started to pull the market frantically. Could it be influenced by Black Myth Wukong? However, these signs also prove again that the market has reached a stage bottom, because only by absorbing a large number of low-priced chips can the dog dealer have the right to speak on the price, and pulling more than 50% a day is proof that the market circulation has reached a certain stage. Of course, don't take these coins pulled by the dog dealer easily, because the rotation rhythm of these hot money is very fast, and it is difficult for retail investors to keep up, so they can only ambush.
August 19, 2024
When the market was sideways, hot money chose Binance's Chain Oil sector to stir up trouble, and some low-market-cap copycats also started to pull the market frantically. Could it be influenced by Black Myth Wukong? However, these signs also prove again that the market has reached a stage bottom, because only by absorbing a large number of low-priced chips can the dog dealer have the right to speak on the price, and pulling more than 50% a day is proof that the market circulation has reached a certain stage. Of course, don't take these coins pulled by the dog dealer easily, because the rotation rhythm of these hot money is very fast, and it is difficult for retail investors to keep up, so they can only ambush.
Another point is that despite the 200 million registered users claimed by Binance, the number of real independent users is actually much lower, and the number of deep-seated users is even lower. The entrance traffic of BN Square is actually quite sufficient. Compared with the hundreds of interactions I had on WX before, it can only mean that there are indeed fewer B-circle users in the mainland. From this perspective, there is really no need to worry about the saturation of B-circle. From the perspective of the user base, it is still an early industry worth betting on. Even in the relatively open English area, there is enough growth potential.
Thank you for your attention. Please continue to click on my profile picture and cast your vote today, and strive to stay in the top ten.
