Now that deposits and withdrawals have been strictly restricted, the opportunity for an explosive altcoin bull market has fully emerged.
Why is that, ❓?
First of all, most altcoins have dropped twenty, thirty, even fifty times in value over the past two years. Retail investors trading crypto spot have lost everything, the losses are unbearable to see, and basically, they've lost all confidence in the crypto space. In the future, there will no longer be any impulse to invest money into crypto.
If altcoins are now pumped fifty or a hundred times across the board, it could help the remaining retail investors regain some confidence, especially since new funds from outside can no longer get in.
Furthermore, driving prices up 50x or 100x is also a way to respond to Chinese regulatory policies.
If China issues restrictive policies and the market keeps falling, then the regulators win public support, and everyone praises the government for "protecting the retail investors."
Only by continuously pushing prices up can countless ordinary people get even angrier at China's regulatory policies, resenting the regulators for banning Hong Kong US stock accounts and banning crypto trading, cutting off all the ways for regular people to get rich, leaving them with nothing but hard labor.
Whether altcoins will surge in the future depends on whether the market makers have vision and courage, because after dropping 30-50x, there's no point in dropping any further.
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GateUser-dabdac5e
· 12-08 06:22
Do market makers do charity? With deposit restrictions in place, who are they selling to at such high prices?
Now that deposits and withdrawals have been strictly restricted, the opportunity for an explosive altcoin bull market has fully emerged.
Why is that, ❓?
First of all, most altcoins have dropped twenty, thirty, even fifty times in value over the past two years. Retail investors trading crypto spot have lost everything, the losses are unbearable to see, and basically, they've lost all confidence in the crypto space. In the future, there will no longer be any impulse to invest money into crypto.
If altcoins are now pumped fifty or a hundred times across the board, it could help the remaining retail investors regain some confidence, especially since new funds from outside can no longer get in.
Furthermore, driving prices up 50x or 100x is also a way to respond to Chinese regulatory policies.
If China issues restrictive policies and the market keeps falling, then the regulators win public support, and everyone praises the government for "protecting the retail investors."
Only by continuously pushing prices up can countless ordinary people get even angrier at China's regulatory policies, resenting the regulators for banning Hong Kong US stock accounts and banning crypto trading, cutting off all the ways for regular people to get rich, leaving them with nothing but hard labor.
Whether altcoins will surge in the future depends on whether the market makers have vision and courage, because after dropping 30-50x, there's no point in dropping any further.