$BTC How long can this wave of increases last??

There is only one and a half months left in 2024, and the year is coming to an end. Institutions need to distribute dividends and share profits with investors. The method of raising prices to offload is something everyone can see clearly. In the coming days, let’s see who can run the fastest. Looking ahead, after this wave of peaks, many projects will not rise again next year. It’s hard for a project to sustain for a long time because the air cannot withstand long-term tests. The simplest and most brutal way is to trap a wave of people and run away, then open a new round to harvest. After all, the cost of opening a market is not that high. Many project teams just collect funds from primary private placements, how they can sell the coins in their hands and spend a few million to go public, letting the retail investors play themselves. Even if it drops drastically, the project team won't care. They promised the primary market that they would go public, and they did go public, right? However, if the coin price continues to fall, that is market behavior. Let’s review how many new coins launched this year are honest projects? Now that Bitcoin has reached new highs, many of the new coins launched this year haven’t even recovered half of their value. Don’t worry, coins that don’t follow the market when it rises will definitely fall harder when the market drops. So let’s pay attention to risks. Don’t easily take over and chase high prices. Also, don’t think that just because a coin hasn’t risen, it will definitely recover. The last wave on the 8.5 number led to liquidation because of the Ether recovery. I still have lingering fears now...

Take HMSTR on the T chain as an example, it fell nearly 7 times from its peak to its lowest point. Today, it rose by 90% and people think the bull market has arrived again? Not even half of it has recovered, and yet they feel it’s spring again. I think there are still many people who haven’t broken even, right? I clearly remember that I bought 5000U at 0.0000092, and it dropped to only 1000U. It took almost 2 months to break even, and I decisively left and didn’t dare to play anymore. Projects on the T chain really play with mentality; it’s even more intense than contracts. Once trapped, it's a mess. There’s still 10000R of DOGS, and I’m still half trapped. The hotter the speculation, the deeper you can be trapped. Still the same saying, pay attention to risks, and when it’s about to drop, run away quickly. Don’t think it’s just a pullback...