The Truth Behind the Plunge of CETus and Retail Investors' Survival Guide
1. Why the Plunge?
Big Players Run Away: The project team dumped 4.3 million dollars' worth of coins on Binance 5 hours ago, equivalent to suddenly flooding the market with a truckload of goods, crushing the price directlyInterest Collapse: The annual yield from holding coins has plummeted from 300% at the beginning of the year to 50%
Miners collectively withdrawing coins, adding 2.1 billion coins to the market dailyInflation Bomb: The annual issuance of this coin is more than twice the current total supply, which is like suddenly doubling the population in your neighborhood; the property prices certainly can't handle it
2. Will 0.16 dollars Break?
Danger Signals: There is very little buying support at the current level of 0.18, like an elevator supported by only 3 steel cables; if big players dump 1-2 more times, it's overKey Support: 0.16 is the cost price for many people last September
The project team has boasted that they will buy back if it falls below this price (but don’t believe it all)Time Prediction: If the closing price falls below 0.175 in the next couple of days, there’s a high probability we will see 0.16 within 3 days; if the project team plays dead, it won't last more than 2 weeks
3. What Should Ordinary People Do?
For Those Already Holding: Set a stop-loss order at 0.178 immediately for your current position at 0.184, which is like buying insurance for your holdings; if it falls below, it will automatically cut lossesFor Those Looking to Buy the Dip: Wait until it really drops to 0.16, check if the 15-minute trading volume has 5 billion coins (about 8 million dollars); you need volume to bet on a 10% reboundFor Those Watching from the Sidelines: Absolutely don't catch falling knives! The early investors in this project had a cost of only 0.002 dollars; selling now is still profit, rebounds are all traps
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