Cautiously assess the dealer's movements
Once a hot topic in March, Mobile has now plummeted over tenfold, with no signs of stabilization or any movements indicating dealer accumulation. If the dealer has exited from such currencies, the risk of bottom-fishing is quite high, and blindly buying is not very meaningful.
On the other hand, another currency in the DEPIN track, MSN, has been quietly accumulating for some time, possibly indicating dealer positioning.
It is worth noting that currencies recommended by individuals such as liping007, hongshen6666btc, BTCBruce1, etc., are not reliable just because of their “high recognition.”
Although the promoters may be optimistic about a certain currency, it does not mean that the price trend will align with expectations; if the currency price subsequently corrects, it may be interpreted as the dealer harvesting retail investors.
In cryptocurrency investment, narrative is part of the reference, but analyzing dealer movements is particularly crucial. One can learn from experienced investors, but must not blindly follow. Investment decisions must be based on clear logic and personal judgment; establishing a true understanding of the currency is a reliable strategy.
