The afternoon market showed some unusual signals—several tokens' candlestick patterns displayed a classic Christmas tree shape, which often indicates risk. Upon noticing this, I immediately adjusted my strategy, deciding to stay on the sidelines for now and focus on the three true leaders in this round of the market.
Then I checked the on-chain data and realized that the recent situation has indeed changed. Projects that once dominated the BSC ecosystem are now gradually being suppressed by emerging forces, and they often end up as bagholders. What does this reflect? Is the dominance of top BSC projects quietly changing hands?
It seems I need to continue observing for a while, waiting for new market movements to emerge before judging the next rhythm.
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ProofOfNothing
· 10h ago
Christmas tree shape? Ha, here we go again... But on the other hand, it's indeed wise to be cautious. I'm also keeping an eye on the leading projects.
Those old projects on BSC are really declining. The new forces do have some potential.
Let's wait and see. I still feel there's some hope.
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SigmaValidator
· 01-11 21:19
I've previously fallen into the trap of the Christmas tree pattern, so now I just avoid it directly. There's no need to dance with risk.
This round of reshuffling on BSC is quite interesting. Established projects are really starting to fall behind, and it feels like new forces are indeed eating away at the market.
The idea of leading projects banding together is good; it's much more rational than blindly messing around.
When will on-chain data ever deceive people? The story of bagholders keeps repeating itself.
Let's wait and see. The market is always testing its bottom repeatedly.
Only those with strong hearts dare to operate now. I choose to observe.
This power shift on BSC feels much more intense than expected.
Staying put is indeed the smartest choice; it's wiser than blindly bottom-fishing.
The rise of emerging projects must be backed by real fundamentals, or they'll be cut sooner or later.
When risk signals appear, withdraw immediately. Old investors probably suffered significant losses this time.
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wagmi_eventually
· 01-11 14:07
The Christmas tree pattern is really a strange signal. We've seen too many of these things here. We're out of here.
How did the former giants on BSC suddenly become the bagholders? It feels like the trend has shifted so quickly.
Where is the leader? Please point the way.
This round of reshuffling on BSC isn't over yet. Let's continue to watch for updates.
Standing still is also a strategy. After all, this market situation is quite unsettling.
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Blockblind
· 01-11 14:03
I also saw the Christmas tree pattern, and it does feel a bit creepy.
The transition between the old and new on BSC is quite obvious, and some older projects do seem to be falling behind.
Let's wait and see, I feel there are still tricks up the sleeve.
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FreeMinter
· 01-11 13:59
The Christmas tree pattern does make people nervous, but the leader grouping strategy is still reliable.
The old projects on BSC are really declining, and new forces are rising too quickly, which is quite interesting.
Let's wait and see; this wave of changes probably isn't over yet.
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LuckyBearDrawer
· 01-11 13:57
As soon as the Christmas tree pattern appeared, I knew it was time to run. I'm too familiar with this trick... Old projects on BSC are really getting worse and worse, and new forces are indeed encroaching. Watching the show.
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ConfusedWhale
· 01-11 13:53
Christmas tree shape? Haha, I saw it too. Running away directly is the right move.
Those old projects on BSC have indeed become the bagholders. The wheel of fortune turns.
Let's wait and see, the leader is still the way to go.
The afternoon market showed some unusual signals—several tokens' candlestick patterns displayed a classic Christmas tree shape, which often indicates risk. Upon noticing this, I immediately adjusted my strategy, deciding to stay on the sidelines for now and focus on the three true leaders in this round of the market.
Then I checked the on-chain data and realized that the recent situation has indeed changed. Projects that once dominated the BSC ecosystem are now gradually being suppressed by emerging forces, and they often end up as bagholders. What does this reflect? Is the dominance of top BSC projects quietly changing hands?
It seems I need to continue observing for a while, waiting for new market movements to emerge before judging the next rhythm.