What do you know, Tezos almost made a new ATH and proceeds to dump 40% over the following week. To say long term holders and the community is dejected is an understatement. This coin has been nothing short of a series of gut punches to its biggest supporters. Right when you get most excited, it reaches in and rips your soul.
Until Tezos proves me wrong I'm convinced this thing will never bring long term holders wealth. No matter how positive the news, the asset cannot ever sustain itself. A tragedy because this really seems like a promising project and the news outside of price action couldn't be more positive.
If September closes red it's going to get dark. By dark I mean we're probably in trouble If it closes in "hell" well, you know what that means. Purgatory would be a win at this point and unfortunately it looks highly probable that this thing will dump for the remainder of the month. Heaven... well it ain't happening any time soon.
Bottom line... Tezos must reverse course now or it's probably over for good.