#数字资产生态回暖 Recently tracked the trends of $PROMPT and $FHE, and discovered an interesting phenomenon——
From the bottom consolidation phase to the first volume breakout, this wave of market movement completed a sharp rise in just one night, with final gains reaching over 30,000 U. The entire process is actually quite classic: the chips stayed at low levels for about a month, after the main force completed accumulation, they directly pushed up. Although there was historical trapped position resistance above, it did not form an effective obstacle.
This tells us one phenomenon——there are indeed swing trading opportunities in altcoins, but it’s crucial to identify the movements of the main capital. Traders who haven't done similar operations should prefer to follow the rules of chip distribution for swing trading rather than chasing high, as this approach manages risk more steadily.
Over the weekend, the trading volume of mainstream coins was relatively weak, and the impact of the US stock market weakened, which instead gave altcoins a chance to perform. Interested friends can monitor the chip accumulation of such assets on the Gate trading platform, combining with volume expansion points to plan their layout.
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FortuneTeller42
· 12-13 08:20
30,000 USDT in one night? Damn, that's why I'm still getting liquidated.
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MidnightMEVeater
· 12-13 08:10
Good morning, a month of silence has been drained just like that. The main force's appetite is really big... But on the other hand, this wave of sandwich-style accumulation tactics does feel a bit hungry. The chasing-leeks should wake up now.
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NFTRegretter
· 12-13 08:02
30,000 dollars in one night? Why do I always find myself watching the scenery from the rooftop?
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GasFeeVictim
· 12-13 07:58
Over 30,000 in one night? I need to study the chip distribution pattern carefully so I don't always buy high and get stuck.
#数字资产生态回暖 Recently tracked the trends of $PROMPT and $FHE, and discovered an interesting phenomenon——
From the bottom consolidation phase to the first volume breakout, this wave of market movement completed a sharp rise in just one night, with final gains reaching over 30,000 U. The entire process is actually quite classic: the chips stayed at low levels for about a month, after the main force completed accumulation, they directly pushed up. Although there was historical trapped position resistance above, it did not form an effective obstacle.
This tells us one phenomenon——there are indeed swing trading opportunities in altcoins, but it’s crucial to identify the movements of the main capital. Traders who haven't done similar operations should prefer to follow the rules of chip distribution for swing trading rather than chasing high, as this approach manages risk more steadily.
Over the weekend, the trading volume of mainstream coins was relatively weak, and the impact of the US stock market weakened, which instead gave altcoins a chance to perform. Interested friends can monitor the chip accumulation of such assets on the Gate trading platform, combining with volume expansion points to plan their layout.