In this round of BTC market, the bull hasn't gone far, but many people have already started to panic.
What does a real top look like? Here are three signals for you:
First, the aunties at the vegetable market start talking to you about which altcoin can multiply tenfold; Second, the market has fallen by 30%, and the comment section is filled with shouts of "Now is the time to buy the dip." Third, on-chain data shows that large wallets are quietly reducing their positions.
Now let's look at the current market temperature: • Google search popularity is less than half of its peak in 2021. • A drop of 14% is unbearable for some people, and they start to cut their losses. • Whale addresses are still accumulating.
In the words of Lao Ba, the market is still far from a state of extreme euphoria.
So remember these three sentences: When everyone is teaching you to buy coins, you should consider reducing your position. When the panic sentiment spreads and shouts to buy the dip, you need to wait a little longer; When the big players start to withdraw collectively, you must run with them.
The essence of trading is to remain clear-headed when others are greedy and to maintain patience when others are fearful.
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NFTBlackHole
· 11-30 16:30
The Whale is still Accumulating, while a bunch of retail investors are eager to Cut Loss. It cracks me up.
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WalletDoomsDay
· 11-29 07:37
Crying and calling for help when it falls by 14%, what kind of mentality is that for playing with coins?
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TokenTaxonomist
· 11-29 01:11
actually, let me pull up my spreadsheet real quick... whale accumulation patterns suggest we're nowhere near peak euphoria, statistically speaking
Reply0
RektRecorder
· 11-28 20:15
Whales are still accumulating, while retail investors are starting to cut losses; the gap is really stunning.
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That's not wrong, but the problem is that most people just can't do it; greed and panic take turns tormenting people.
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Auntie hasn't come yet, so we ran away first; isn't that a win?
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Wait, are you saying it's not the peak yet? Then what is this pullback, just trying to scare people?
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Remember these three signals, but when the time comes, who can still stay calm? To be honest.
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The market temperature has only risen this much, and many people already can't sit still; it's funny just to think about it.
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Search interest is less than half; it’s still very cold, should I increase the position?
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When others panic, I’m greedy; when others are greedy, I panic. It sounds easy to say, but it's really torturous to do.
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When whales are accumulating, what are ordinary people doing? Eight or nine out of ten are also accumulating, just the coins are different.
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The key now is to distinguish who is really accumulating and who is just acting; on-chain data can't lie, right?
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WagmiWarrior
· 11-27 17:51
The whale is still eating the chips, so I'm not in a hurry. This group of suckers is really too easily scared off.
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gas_fee_therapist
· 11-27 17:51
The Whale is still Accumulating, no need to rush, let's panic for another two years.
View OriginalReply0
PhantomMiner
· 11-27 17:50
Only falling 14% and already playing people for suckers, you really should take a look at this article... Whales are still accumulating.
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QuorumVoter
· 11-27 17:49
The aunt downstairs in my building asked me when I would buy coins, it seems like the peak is still a long way off.
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SerRugResistant
· 11-27 17:41
Whales are still buying, the retail investors haven't arrived yet, this wave really isn't over, but the retail investors are already scared to death, haha.
View OriginalReply0
ChainMaskedRider
· 11-27 17:37
Whales are still accumulating, no need to rush, it's the small investors who are panicking.
In this round of BTC market, the bull hasn't gone far, but many people have already started to panic.
What does a real top look like? Here are three signals for you:
First, the aunties at the vegetable market start talking to you about which altcoin can multiply tenfold;
Second, the market has fallen by 30%, and the comment section is filled with shouts of "Now is the time to buy the dip."
Third, on-chain data shows that large wallets are quietly reducing their positions.
Now let's look at the current market temperature:
• Google search popularity is less than half of its peak in 2021.
• A drop of 14% is unbearable for some people, and they start to cut their losses.
• Whale addresses are still accumulating.
In the words of Lao Ba, the market is still far from a state of extreme euphoria.
So remember these three sentences:
When everyone is teaching you to buy coins, you should consider reducing your position.
When the panic sentiment spreads and shouts to buy the dip, you need to wait a little longer;
When the big players start to withdraw collectively, you must run with them.
The essence of trading is to remain clear-headed when others are greedy and to maintain patience when others are fearful.