#eth is fomo too much?
- Look at the chart and the blue upper part is the money flowing into the exchange (for atlcoin, you understand that there is a high possibility that it will be transferred from the blockchain wallet to the exchange to SELL). On the contrary, the green part below is consolidation (long-term), which can be buying or stalking.
______
What happens to selling atlcoin to buy eth?
______
As everyone knows, the money flow usually flows in the direction of topcap-> midcap-> lowcap and the average monthly increase in performance is that the average top 10 atlcoins are only 2 times higher than topcoins (according to cryptokoryo statistics on dune).
_____
The fomo effect will occur when eth outgoing creates 2 near-equilibrium bottoms, meaning about 2 strong price increases of eth (about 4k7-5k3) will create a bubble burst effect. This will make it difficult for eth to maintain a good price when fomo is excessive during this period. Of course, looking at the holders, you know that most of the mid-range fish collect, not the large fish (because the cash flow of most funds will flow into new atlcoin in defi, depin, blockchain,... systems). From another perspective, the fund also stalks or lends eth to buy atlcoin at this time to increase the ROI rate for the fund.
_______
If you really love eth, wait for 2400-2700 to buy more. Don't rush to buy at a stage where there are no new people pushing eth at this stage. The market only increases when more people join later ^^