BAN was very popular some time ago because it kept rising.
It has been very popular recently, and that's because everyone is criticizing it.
The current trend of Ban is relatively weak, many people say the main force has cashed out. This view is too hasty; the best time to enter these popular coins is to wait for a 1-2 month adjustment. Of course, you might say that by then it won't have any heat, and it won't rise at all, and you might also say that entering then would mean missing out. Both possibilities exist; it just depends on the trading method you choose.
Whether a coin can rise fundamentally depends on whether the main force has absorbed enough to start pushing up; everything else is meaningless. Heat, traffic, and community are all auxiliary, not fundamental. They are not sufficient or necessary conditions.
Coins that have just surged, like Pnut Ban, have just adjusted a bit, with a short adjustment time of a few weeks or less than a month, and a large trading volume. The buyers may not necessarily be the main force; they could also be big players and retail investors. When a coin has fallen 80% and has been declining for months, and it's still absorbing funds, it's basically certain that it's the main force.
The main force will only buy when no one is paying attention, or when there is no heat.
Retail investors and big players are exactly the opposite.
Anyway, I sold BAN when it was very popular before.
In a few weeks, when retail investors cut their losses and the main force has absorbed enough, I will continue to buy some.
I still have confidence in this narrative and the possible market trend ahead.
Let the bullets fly for a while, let the FUD continue to ferment for some time.
