Just now, a Long Wick Candle probably took away a lot again. This is the way the Bull Market moves. Basically, after a continuous big pump, there will be a Long Wick Candle at any time. Altcoins may experience a drop of 10-20%, and high leverage cannot withstand the risk at all. The purpose is to liquidate those high-leverage players and then pull back. This is how the Bull Market operates. Pullbacks are common in a Bull Market.
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#BTC continues to rise—will it hit $100K by month’s end?
Just now, a Long Wick Candle probably took away a lot again. This is the way the Bull Market moves. Basically, after a continuous big pump, there will be a Long Wick Candle at any time. Altcoins may experience a drop of 10-20%, and high leverage cannot withstand the risk at all. The purpose is to liquidate those high-leverage players and then pull back. This is how the Bull Market operates. Pullbacks are common in a Bull Market.