$PI $PI Of course, when the market is building a bottom, it doesn't necessarily mean the bottom has been successfully formed. If the bears are determined to push the price down, the bulls can't hold it up and there's nothing to do about it. Currently, it seems that the century-old bottom has basically formed, with the main bottom area around two cents.
Now, this super bottom has been磨了 (polished/worn down) for nearly three months. After a few more months of磨, it will be almost there. The bottom should be in a consolidation phase, continuously rising, and showing obvious bullish technical features to attract external investors. Therefore, this trend may be naturally formed, or it may be intentionally crafted by the bulls, or both possibilities.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
4 Likes
Reward
4
1
Repost
Share
Comment
0/400
加仓小钢炮
· 14h ago
What are you panicking for! As long as it dares to dip below 0.3 yuan, I can guarantee I can give it a push up😂
$PI $PI Of course, when the market is building a bottom, it doesn't necessarily mean the bottom has been successfully formed. If the bears are determined to push the price down, the bulls can't hold it up and there's nothing to do about it. Currently, it seems that the century-old bottom has basically formed, with the main bottom area around two cents.
Now, this super bottom has been磨了 (polished/worn down) for nearly three months. After a few more months of磨, it will be almost there. The bottom should be in a consolidation phase, continuously rising, and showing obvious bullish technical features to attract external investors. Therefore, this trend may be naturally formed, or it may be intentionally crafted by the bulls, or both possibilities.