$POWER Here's a lesson for the Chinese people: the big players started accumulating heavily at the bottom when this coin was at 0.2-0.3. Their cost basis is 0.2-0.3. Most retail investors chasing the rally have a cost basis around 1.6-1.9.
Only when everyone feels that the current level is not high and is willing to buy in to go long can the big players sell their holdings to you. If everyone thinks it's a high-level sell-off, then the big players will incur losses. Right now, it's about improving everyone's judgment of the price levels. After trading sideways at 1.4 for a long time, people won't think this position is high anymore. This principle must be understood clearly—it's the same for all altcoins, especially towards the end.
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$POWER Here's a lesson for the Chinese people: the big players started accumulating heavily at the bottom when this coin was at 0.2-0.3. Their cost basis is 0.2-0.3. Most retail investors chasing the rally have a cost basis around 1.6-1.9.
Only when everyone feels that the current level is not high and is willing to buy in to go long can the big players sell their holdings to you. If everyone thinks it's a high-level sell-off, then the big players will incur losses. Right now, it's about improving everyone's judgment of the price levels. After trading sideways at 1.4 for a long time, people won't think this position is high anymore. This principle must be understood clearly—it's the same for all altcoins, especially towards the end.