Looking back at the previous BSC boom, the bottom provided extremely ample opportunities, leading to many followers. The distribution of chips was too dispersed, making it difficult to effectively shake out the market regardless of subsequent adjustments. Every surge was accompanied by significant profit-taking, essentially because too many retail investors bought at the bottom and held a high proportion of retail chips. This round of BSC2.0 cycle is clearly different. The participant structure in the exchange ecosystem has been optimized, and progress has been made in digesting the early follow-up paper-hand chips. The concentration of on-chain activity heat has increased significantly, which brings new possibilities for the subsequent rhythm.
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Looking back at the previous BSC boom, the bottom provided extremely ample opportunities, leading to many followers. The distribution of chips was too dispersed, making it difficult to effectively shake out the market regardless of subsequent adjustments. Every surge was accompanied by significant profit-taking, essentially because too many retail investors bought at the bottom and held a high proportion of retail chips. This round of BSC2.0 cycle is clearly different. The participant structure in the exchange ecosystem has been optimized, and progress has been made in digesting the early follow-up paper-hand chips. The concentration of on-chain activity heat has increased significantly, which brings new possibilities for the subsequent rhythm.