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Having been in the crypto world for a few years, I've seen too many market dramas. After careful reflection, I realize that no matter how many tricks are played, the underlying patterns are actually just a few. Recently, I've been watching the movement of a certain coin, and it’s a classic "standard washout show." Newcomers should really study this routine carefully.
The opening despair act is always the harshest. The price drops from 1.2U all the way down, and when it hits 0.9U, it just can't stop. Trading volume also wanes, and the discussion groups are full of "It's over."