#美国核心物价涨幅不及市场预估 Recently, it has been noticed that the bullish momentum of altcoins has significantly weakened, mainly due to the strong siphoning effect of Bitcoin and Ethereum. Taking zen as an example, the recent decline is most likely driven by institutional accumulation at the bottom, following the same套路 and common吸盘手法. During the rotation between Bitcoin and second-tier coins, it is normal for small-cap tokens to be under pressure, but careful observers will notice that the greater the decline, the more attention should be paid to bottom accumulation signals.
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.
9 Likes
Reward
9
4
Repost
Share
Comment
0/400
BrokenRugs
· 01-18 08:26
Small tokens are now being exploited by vampire institutions to fleece users. The sharp decline of Zen is indeed suspicious.
View OriginalReply0
GasFeeCrybaby
· 01-18 08:21
Damn, it's the same old story about this accumulation signal theory. Every time it's said like this, but what are the results?
View OriginalReply0
OptionWhisperer
· 01-18 08:14
I'm tired of the institutional accumulation narrative; it seems like every dip can be justified with this reason.
View OriginalReply0
BoredApeResistance
· 01-18 08:08
Altcoins have been drained by vampires, and we still have to wait for Bitcoin to give alms? LOL
#美国核心物价涨幅不及市场预估 Recently, it has been noticed that the bullish momentum of altcoins has significantly weakened, mainly due to the strong siphoning effect of Bitcoin and Ethereum. Taking zen as an example, the recent decline is most likely driven by institutional accumulation at the bottom, following the same套路 and common吸盘手法. During the rotation between Bitcoin and second-tier coins, it is normal for small-cap tokens to be under pressure, but careful observers will notice that the greater the decline, the more attention should be paid to bottom accumulation signals.