Emo a little in the evening!
Analysis of reasons for a pessimistic attitude towards the upcoming period:
1. Shrinking liquidity: Market liquidity has significantly decreased after May 24
2. Main capital trends: BTC main capital has been continuously reducing positions since May 22, completing 85% of the sell-off
3. Long-short imbalance: The long-short ratio has rapidly risen after May 31, increasing market resistance
4. Capital diversion: Project #pump is about to issue tokens (FDV 4 billion), which may deplete remaining liquidity
5. $ETH abnormal trend: Institutions shifted from clearing contracts at 2700 points to spot trading, creating a strong illusion
6. Altcoin warning: Some projects (like $DEGO) have started to sell off in advance
Note: The above analysis is based on objective capital data to avoid subjective judgment.
