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$SNXX 10.14, down 35% in 24h. Those who chased at 15.88 are now down 38% on the position. Compared with the previous three halving bull markets, after each big shakeout, altcoins typically go sideways for an average of 7-14 days before breaking out again; and now it has already been 7 days since the halving—this is the turning-point window in the pattern.
Historical data shows that after every selloff of 40%+ , the main players must accumulate at the bottom, and then the average rebound within the next 30 days is 120%. Now trading volume is $300 million; the increased volume dumping is effectively just turnover. My strategy: enter with a small position of 10% at the current price; set a stop-loss at $9.5 (near the previous low); take profit in two parts: $13.8 for the first, $16.5 for the second. If it breaks below $9.7, don’t try to stubbornly go long—withdraw half first.
History won’t simply repeat, but it will rhyme—are we copying 2020 or 2021 this time? Comment section, place your bets. I’ll be betting that the cycle isn’t dead.