The cryptocurrency market has seen severe volatility, with the popular meme coin Moodeng experiencing a flash crash of over 20% in a single day, causing ripples throughout the market. Earlier leading coins such as Neiro and Pnut have also significantly retraced, displaying typical characteristics of a bull market shakeout.
Although this sharp decline has intensified market panic, historical cycles and capital flows suggest that this fluctuation may be a phase adjustment within an upward trend.
Experienced traders point out that the current market trend aligns with the pattern of mainstream assets undergoing deep corrections to wash out floating capital during rising cycles. Despite the short-term price volatility, the fundamentals and capital enthusiasm have not fundamentally changed, indicating that the main upward wave of the market is not over yet.
For long-term investors, maintaining strategic determination is particularly crucial; adhering to positions amid market fluctuations is essential to seize the potential for greater gains in the future.
