How can pending buyers capitulate?
Pending buyers want to enter as low as possible, so they wait for others to sell. At the same time, they’re aware that $AVICI could reach billions in market cap, and they’re afraid that waiting too long will force them to buy at an even higher price than today.
If top holders refuse to sell and the price keeps moving away from their desired entry, those pending buyers eventually capitulate and end up top blasting the chart.
To avoid this scenario, it’s generally smarter to DCA. Many experienced traders use @JupiterExchange’s DCA option (under the Recurring tab).
New ATH. Pending buyers are slowly capitulating as expected.
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