🚨 Hey fellow Steemians! 🚨
I wanted to share my thoughts on the current market situation, as I see it. It seems like the capital convergence has reached its peak, and there are fewer bottom-fishers compared to previous times. This might signify the end of this cycle. 💡
In the next couple of months, the real test may just be beginning. 🌈 But don't worry! Good opportunities often arise when there are fewer participants, not when everyone is rushing in. At this level, it's a weekly or monthly shakeout. 🔔
Let's take a look at the latest on-chain data. 👀 Holders of less than one coin are continuously buying, while whales with over 100 coins are still selling. 📉 This tells me that the whales haven't started buying yet, and we should be cautious. 💭
But don't worry! If you're holding your positions firmly and waiting patiently, you're on the right track. Remember, don't fall before dawn. ⏰
What do you think? Are you worried or excited about the upcoming September market? Share your thoughts in the comments below! 💬
And remember, my team and I are continuously working to improve and expand the ecosystem . With your vote for xpilar.witness (https://steemitwallet.com/~witnesses), we can continue contributing to the growth and success of the Steem community. Let's do this! 🔥