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For those of you still holding #Lobster and $FreedomofMoney, if your position isn't large, don't wait any longer! For those playing BSC (Baidu, Alibaba, Tencent) on-chain meme, hold onto stocks that have reached a million or ten million. Any drop below these levels is a downtrend signal. A second rebound to new highs is extremely unlikely. I've discussed these two stocks many times before. With Alpha, the rise from a million to ten million is the end of the short-term expectation. Retail investor consensus has peaked. Current liquidity only supports a rise from a million to ten million; moving from the ten million range to the next level is incredibly difficult. The big players aren't stupid enough to do such a futile effort; they'd rather use their funds and energy to create more stocks with a million-plus valuation. Let's not even talk about the lack of clear expectations for $Lobster. When CZ's new book's expectations were realized, #FreedomofMoney barely doubled. Even if it were listed on contracts, it wouldn't go much higher. Besides, Binance hasn't listed #meme contracts in ages. Holding on doesn't necessarily mean a loss, but capital utilization will definitely decrease, and time costs are also costs. Unless you have a lot of capital, you can disregard what I said. If these two leading stocks can rebound, smaller market capitalizations will definitely have more room to react. Overall, waiting is really not cost-effective. BSC plays with new things, not old ones. For the big players, the cost of new stocks is definitely lower than that of old stocks. Why should retail investors be so persistent!

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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