After yesterday's market-wide pump on both meme and fundamental assets, a lot of retail investors turned into bulls as the unexpected influx of funds pushed the market far above its substantial value. However, the correction we saw in the last 24 hours may hint at the conclusion of the"suckers rally.
Such a rapid reversal is easy to explain: most of the buying volume that occurred on the market yesterday was not followed by building proper support levels, which led to an immediate reversal as soon as the noteworthy selling pressure appeared.
$Shib Still bullish
What a rediculous tweet
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