$IO is quite interesting. Currently, the market is just the main player unloading, occasionally pulling up without crashing.

However, IO is a coin that is very suitable for a pump; its fundamentals mean that when it reaches ATH, there will be a large amount of FOMO retail investors taking over.

The reason for the downward trend in December has only two explanations: first, the vehicle is too heavy, which still shows that the main player's strength is lacking and lacks confidence; second, the main player has no intention to pump, still lacking a vision, as they don't even pull up concepts related to AI or NVDA, not rushing to stand shoulder to shoulder with the underdog, lacking vision.

But speaking of AI, in fact, the stars in the entire AI concept, ACT, WLD, and FET have recently shown obvious selling pressure, rotating abstractly.

The current causes of selling pressure are very complex,

part of it is the FOMO siphoning off from BTC and ETH,

part of it is that the main player wants to cash out and buy a house,

part of it is to cause a downward trend and shake out investors to gather funds,

part of it is waiting for news from the new administration for certainty,

and so on...

Currently, no one can truly tell us what position we are in.