##BIO开盘 Without a doubt, $BIO 's price is disappointing, what caused this?

Take me for example, in the previous periods, the daily earnings of $PENGU $1000CAT 3 were all over 2000+, but this time after mining for 10 days, the earnings are less than 1000, which severely dampened enthusiasm. Analyzing a few reasons as follows:

1. #BIO Team Issues: When Binance was still mining, BGB had already started pre-market trading. What happened to the promised Binance launch? This is really not following the rules. After Binance started trading, there was no market cap management. I don't know if it was intentional to crash the market, wash profits, and then push the price up again? Hopefully, the retail investors won't be cut down so harshly.

2. Investor Expectations Too High: Binance's investment in BIO through Launchpool and a series of operations led to excessively high market expectations for BIO. Everyone generally expected it to have sustained and significant increases after going live. However, when the price did not continue to soar and achieve extremely high returns after opening, investors' psychological expectations fell through, resulting in a large number of sell orders.

3. Short-term Profit-taking Sell-offs: BIO attracted numerous investors at its initial launch, with private and public placements already showing dozens of times in floating profits, including many investors who bought at low prices. When the BIO price rapidly increased to a high level in a short time, these investors chose to sell large amounts of BIO to lock in profits, leading to a sudden increase in selling pressure in the market, while buying orders could not keep up in time, causing a significant price drop.

4. Poor Liquidity: Although BIO's trading volume reached $338 million after being listed on Binance, its trading activity on decentralized exchanges (DEX) is relatively low, with limited wallet clusters or signs of sniping. This indicates that its liquidity is still insufficient, making it susceptible to the impact of large single transactions, which exacerbates price fluctuations. In the case of insufficient liquidity, the difficulty of matching trades between buyers and sellers increases. Once large sell orders emerge, the market struggles to quickly absorb them, leading to a price drop.

#加密市场反弹 Compared to A-shares, the cryptocurrency market is starting to rebound, hoping to build momentum until the Spring Festival, so everyone can have a good year.