This round of correction shrank by $1,000, which is actually nothing to worry about. On the other hand, this is doing an important thing — those ultra-low-priced chips from four or five zeros in the early stages have now all been forced out. The market needs this process.
If you are unwilling to sell, I actually feel less confident. To put it simply, those early low-cost entry profit-taking positions must be sold, and retail investors' floating gains must be realized. Only then can the cost be lowered. Once the chip structure becomes clear, a high percentage increase will be possible.
It's like clearing the field, screening out those who are not committed, leaving only the truly optimistic ones. After the correction is complete, the bottom will be more solid.
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SerNgmi
· 5h ago
That makes sense, but I think the key still depends on whether we can stabilize afterward.
I have a clear idea of the quality of the chips being dumped in this wave; wait until the pullback ends before bragging.
Actually, when will the truly steadfast investors all run away? That would be the bottom...
Wait, are you saying that the more people exit, the better?
It's a bit hard to hold on; the early investors not leaving instead gives you confidence?
Exactly, with retail investors gone, the institutions are coming in to take over.
Are we just a bunch of chips that the market needs to clear out?
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GasGasGasBro
· 5h ago
That's right, this round of clearing chips is really necessary. If the early big players don't come out, when will our new entrants get their turn to take off?
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TheShibaWhisperer
· 5h ago
To be honest, this $1000 pullback and shakeout is all about one thing—shedding those who aren't committed enough.
The chip structure theory is basically sound, but the question is, when will the bottom truly be in? Looking at this trend, I still feel a bit uneasy.
But on the other hand, those early ultra-low prices had to come out, otherwise how would new investors enter? That's just how this game is played.
If this time we can really cash out all the unrealized gains, maybe there will be a chance in the next round. The key depends on the trading volume later on.
Let's wait and see, everyone. Anyway, I no longer believe in those overnight riches stories.
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NotFinancialAdvice
· 5h ago
That makes sense; it's just about shaking out those who are not committed.
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CommunityJanitor
· 5h ago
I'm just worried that the low-priced chips haven't been fully offloaded, and those buying in at high levels are rushing in again.
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GateUser-40edb63b
· 6h ago
Wait a minute, this logic is a bit contradictory... You're saying you have no confidence if others don't get off the bus, and then you're saying it must be their exit for the price to go up? Isn't that just hoping retail investors take the loss? Haha
This round of correction shrank by $1,000, which is actually nothing to worry about. On the other hand, this is doing an important thing — those ultra-low-priced chips from four or five zeros in the early stages have now all been forced out. The market needs this process.
If you are unwilling to sell, I actually feel less confident. To put it simply, those early low-cost entry profit-taking positions must be sold, and retail investors' floating gains must be realized. Only then can the cost be lowered. Once the chip structure becomes clear, a high percentage increase will be possible.
It's like clearing the field, screening out those who are not committed, leaving only the truly optimistic ones. After the correction is complete, the bottom will be more solid.