The trend of cryptocurrency stocks has begun to show signs of fatigue, and several signals are worth being cautious about:
1. Leading projects decline after announcing large financing, and the market does not take over.
2. Representative assets continue to fall, rebounds lead to losses, and the chips are clearly loosening.
3. Sector speculation is shifting towards the mid-to-late stage, with Solana being used as a seesaw, and stocks like Open are clearly draining, emotions are spreading but the strength is insufficient.
4. This round of idol-making represented by Metaplanet has shown a downward trend, and the emotional level is starting to collapse.
5. The influx of shell buying and stock selling is accelerating, and the pace of retail investors is not keeping up with the consumption speed of foolish money.
Cryptocurrency stocks are essentially driven by FOMO emotions; once the rhythm is broken and the flywheel stops, the subsequent stampede is often faster and more severe.
The key variable now is ETH; if it cannot hold, it will further trigger a reverse acceleration of the flywheel.
