One of the many things CT does thats a bit silly is they think chart means good or bad. Crypto, has EXTREME concentration and is EXTREMELY momentum driven. Combining the two creates vicious uptrends and down trends. But because things can flip either way very quickly Price =/= quality of coin Take $GIGA for example, best fundamentals, but horrendous chart because some whales nuked it, so nobody on CT buys. Everything in crypto is momentum and everyone fomos into the things that are moving. Stonk capitulation has 0 to do with float and everything to do with the market has just been down only.
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