BNB

#加密市场回调 $AUCTION Why has it dropped so sharply? There are some logics everyone needs to understand. If it’s just following the rise and fall of the overall market, then it's not a big problem, because of the exchange rate issues, and the fact that many funds will withdraw during a drop. However, in this independent market situation, when there is a rise followed by a waterfall drop, it indicates that the main funds first raised the price to observe the depth, and when the depth meets their requirements, they will dump a massive amount of shares. At that time, there might still be some traders who are confused and try to bottom fish for a rebound. The bottoms they buy into are merely providing deep support for the main funds.