We have reached the end point of the massive discount in this cycle
I read and researched the information and learned that many whales were liquidated with huge amounts when $ETH dropped below 2000
Some other whales showed 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 as I mentioned in 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
After that will be memeseason and altcoin season
A sweet and enchanting price increase that makes both old and new investors unable to escape
Currently, the filter has almost completely cleaned out the money from the old investors
So the story of the old investors hoping for new ones to provide liquidity for them to offload does not exist, as most of the old investors have burned out
Now everyone is in the same boat, all are equal in position
The game from now on will officially enter Chapter 2