The Madman says...
This kind of pump for small coins won't last more than 3 days, but it doesn’t rule out that 1-2 monster coins might emerge from here and pump 10-50 times before ending. However, these monster coins are highly likely to only appear in new or relatively new coins; the probability of old coins having a monster run is comparatively low. So for those who are stuck with old coins, just endure and set stop-losses in these two days.
After all, you are all 10 times locked up, how could it possibly give an opportunity to break free? When there is liquidity to flip 1-2 times, it’s time to withdraw and switch positions. During chaos, the dog owners will also push it up for a wave; those who haven't pushed up, don't be anxious, it’s just that the push is late and less than others, indicating that what you bought is truly junk coins.
Overall, this wave of double tops is similar to what I expected, because it rose quickly from over 70,000, and the funds can hold up, so it will be higher than the double top of 2021. As for whether this is the final top, I don’t know, but there is significant pressure around 117,000 - 120,000, it’s not easy to really break it, so I will start reducing positions from 115,000, decreasing a layer every 2-3k until it starts to pull back.
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"[The Madman Says Trend] The altcoins have already given you the opportunity to escape, if you don’t escape, it’s none of my business!" This article was first published on (Block客).
