Commemorating the Alpaca that is about to be removed
What is the reason behind the phenomenal rise and fall of the Alpaca?
1. There is nothing left to speculate in the market
Especially in the spot market, there is basically no liquidity. The real battlefield is no longer in the spot market, and the trapped positions are severe, leading the main players to give up directly.
2. Contracts have become the main battlefield
At this stage, contracts are more likely to attract speculative traders. As long as someone is strongly shorting, there are several times the counterpart orders to counter.
The market is no longer speculating on any trend expectations but is a naked game of existing market stock and harvesting.
Describing it as a cryptocurrency version of the Auschwitz concentration camp is not an exaggeration.
The only financial power comes from shorts, which have all been completely harvested.
3. Review
It is important to see the current market situation clearly: 1. There is no liquidity in the spot market 2. The market has no main themes 3. Old altcoins are struggling to survive and face delisting risks.
4. Low market cap pumps are easily shorted, and shorting will attract larger counterpart orders to counter.
Summary: Where the funds are, the sickle is.
For the retail investors to survive, hold onto mainstream spot assets, avoid hot altcoins, and definitely stay away from contracts.