We have reached the end point of this massive discount period
I read and researched information and found out that many whales have been liquidated with huge amounts when $ETH dropped below 2000
Some other whales have shown signs of buying to support the price from last night until this morning
#Binance in general and other MMs are also participating in the price support efforts mentioned in my previous posts
We are about to enter the next phase, the pre-Altcoin season phase
When some selected altcoins, strong and prominent, will rise before $BTC starts to move sideways at the bottom
Then it will be meme season and altcoin season
A sweet and captivating price increase that makes both old and new investors unable to escape
Currently, the filter has almost completely cleaned out the old investors' money
So the story of old investors hoping new investors come in to provide liquidity for them to sell is not true, because most old investors are already burnt out
Now everyone is on the same level, positions are equal
The game from now on will officially enter Chapter 2 #ETHWhaleLiquidation