Several Major Characteristics of Strong Dealer Coins
1️⃣ Long washing time
Characteristics:
• Time: Washing usually lasts more than 2 months.
• Presentation form:
• Horizontal market: The price fluctuates very little, leading people to mistakenly believe that the coin has no potential.
• Gentle decline: The price slowly declines, creating a trend of disappointment, consuming the patience of holders.
Dealer's intention:
• Wash away floating chips: Through long-term horizontal trading or gentle declines, consuming retail investors' patience and confidence, forcing them to sell their chips.
• Stabilize the chip structure: Reduce the uncertain floating chips in the market to lay the foundation for subsequent rises.
Notes:
