In the past two days, YGG has suddenly moved again, rising by more than 10% in 24 hours, and the price has been going up, and many people are asking: Can it rush again?

Looking at the data, the current price of YGG is around $0.0807, with a maximum of 0.0839 in a day, and the trading volume has also expanded to more than $4 million, which looks quite lively. What is the impetus behind it? On the one hand, the YGG ecosystem is indeed expanding, the platform is launching new games one after another, and it is also engaged in things that sound "Web3", such as the Build Advancement Program and SubDAO. On the other hand, the project team itself is also repurchasing tokens, and more than 3% of the circulating supply has been recovered, coupled with the recent MACD golden cross, the technical faction has also entered the market.

But if you look closely, you will see that there is an old problem with this token: the supply pressure has not dissipated. There will be token unlocking and redistribution in the future, and once the market can't catch it, the price will collapse easily when selling pressure comes. This is actually the commonality of many gaming tokens - the excitement is real, and the volatility is also real.

So why is YGG only suitable for bands, not patterns? Because it is also an altcoin driven by emotions and money in nature. When the market is good, a piece of news can pull more than ten or twenty points; As soon as the market weakens, there is no ambiguity in falling. From the perspective of the K-line, its long-term moving average is still downward, and at present, it is only the short-term moving average upward, indicating that this wave is more of a rebound, not a reversal.

If you play YGG, the strategy must be clear: buy the dip, go in and out quickly, run when you earn, and don't fight. For example, if you fall to the support and buy in batches, you can consider withdrawing by pulling 10%-20%, without waiting for any "long-term ecological value". These days, altcoins are not doing well, and being able to bite into a bite of meat in the fluctuations is already a win. #反弹币种推荐