$ETH
Brother K, why is the total market value rising? The coin is falling?
Answer:
It was originally expected to continue in November, but in the end it only lasted for one month, and the average increase was only 1 times. In addition, the crazy issuance of MEME formed a pumping situation. Secondly, the ETH Foundation did nothing and continued to sell coins. The amount of coins sold was not large, but it would cause trauma to market sentiment and confidence.
In fact, there are still 1-3 months left for the Shanzhai. This is just some of my personal speculation, because my original logic is to believe in the cycle and the 80% of the tokens will start a relatively large unlocking cycle in the second quarter of the future. This is why the total market value has risen, but the coin has not risen, similar to OP ARB It has been dying slowly... market value growth, coin price remains unchanged
Last year I said: market value pricing and inflated valuations have accelerated, the power of buyers cannot keep up with the volume of sellers, tokens are priced high and opened with high market value, and then the project slowly sells tokens to the market
It was a bit difficult for a coin to be listed before, but now as long as there is popularity and trading volume, they will not miss this opportunity. It used to take several months for a coin to fall 80%, but now it can be completed in one day. As a result of saturated growth, remember not to have high leverage and full warehouse of altcoins
We used to make money that changed our destiny by relying on our faith and belief, but now we have to learn to control our positions and hold them reasonably, as well as make wise decisions. The logic of the past is no longer applicable in today's market
I wish you all good luck and find your own way as soon as possible