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$SKYAI Under the waterfall, how should you choose???
From the high point of 0.71848, it’s been crashing all the way down—this decline is like a waterfall, with no rebound at all. Now the price has smashed to 0.41880, and the candlesticks are almost dropping straight down at a 90-degree angle—this is a typical sign of a bullish capitulation. But; let me tell you: extreme panic often breeds extreme profits!
As for the trading volume at the bottom, even though it’s still falling, the per-transaction volume hasn’t expanded—this shows the bears have already been cut down for the most part. If they keep slamming it lower, the positioning/entry (buy) cost will only keep getting higher and higher, so now it’s far too risky to try a rebound at the bottom,
#Gate广场五月交易分享 If you don’t understand, don’t touch it. The market won’t wait for anyone. I hope all friends in the crypto world can have a villa by the sea and dream of a new night every night.