《Dog Traders and the Thoughts on 'Blood Exchange' with Bulls》

Will the dog traders continue to hammer down prices to clear the leverage of bulls?

I think if altcoins drop further, the dog traders might feel even worse.

It's like a 'blood exchange' in League of Legends, where both sides hit each other to see who feels more pain; if you don't agree, you keep exchanging blows. If you are too afraid to exchange, the opponent will continue to press and bully you. Only by exchanging a bit of blood and making the opponent feel pain will they hesitate to confront you.

'Blood exchange' is definitely painful, but you have to make the opponent feel more pain for them to behave and willingly be suppressed. The dog traders and bulls 'exchanging blood' can make those who can close long positions feel pain and dare not open new positions. If I exchange blood with the dog traders, as long as they dare to sell off, I will take the opportunity to buy the dip, betting that there will be new market movements afterwards.