Sometimes, in order to achieve the effect of washing and absorbing chips, the authorities will actively suppress good news, or even release FUD news to wash out chips through bad news.
When the absorption is nearly complete, they will release the good news, allowing retail investors to board while the institutions exit, completing a perfect handover. Sometimes, it is even to wash out large investors within the chip structure, so if you buy a certain asset, you should not exceed, for example, 1% of the chips, and even buy through multiple addresses.
These should be common knowledge in financial trading, but the accumulation of many common knowledge can cultivate your financial literacy and help you avoid many pitfalls.
If you can't grasp it, follow Wu Yue, a professional and stable trader, focusing on spot trading with contracts as a supplement, maintaining a contract win rate of 90%. If there is no market, take a break, get to know Wu Yue, and see a different KOL!
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