#BTC RAVE vanished overnight, and 61,000 people disappeared with it. Many people say that once you’re gone, you’re gone for good—so why not defend? This is a good question. First, it’s about position: from 28 down to 20, they might defend; from 20 down to 10, they might also defend. But once it drops from 10 to 6, will they still defend? Most of them wouldn’t. At this point, the mentality of wishful luck gets infinitely magnified. Once it’s at 6, how far can it be hammered down? By then, not only will they not defend—they’ll instead keep adding size. And the more they add, the more they continue hammering. In the end, even if it’s not “gone for good,” how much is left? As it keeps getting less, people start thinking, “It’s almost gone anyway—so let it be. Gone for good, then gone for good.”

Now look at Big Cake instead: it has structure and support. Its price swings are relatively stable. When it reaches support or resistance, it should bounce—beyond that, these support and resistance levels are just a joke in front of small-time players. If it wants to break, it breaks; if it breaks, it then goes back—completely no temper at all. It all depends on the market maker’s mood… #GatePreIPOs首发SpaceX