This recent wave of adjustment has come quite quickly. Many friends who chased the highs have been cut, indicating that the market still needs to respect technical analysis. Let's take a look at the performance of the leading Chinese token—holding the 0.15 level quite well, currently in the stage of retesting. From a fundamental perspective, the great narrative combined with unique IP settings gives this token a bit of the flavor of last year's inscription craze, just more fresh.
Pushing to 0.5 before the Spring Festival? Based on the current upward momentum and market enthusiasm, it's not impossible. But on the other hand, good things also need someone to bottom fish; you need to wait for a true technical reversal confirmation before taking action. Brothers who don't have time to monitor the market closely might as well study more of these leading tokens—it's much more reliable than chasing highs and selling lows.
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RooftopVIP
· 01-12 05:54
Those who chase high and get cut are just asking for it. I've been saying to watch the candlestick charts all along. 0.15 is indeed a key level, but I think the rebound is still a long way off. Don't be too optimistic.
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HashBard
· 01-12 05:52
ngl the retrace narrative here reads like we're watching the same movie twice... 0.15 holding is cute but sentiment still feels fragile, like everyone's waiting for someone else to catch the knife first tbh
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PoolJumper
· 01-12 05:26
All the late buyers got wiped out at 0.2 haha, this is the fate of retail investors.
This recent wave of adjustment has come quite quickly. Many friends who chased the highs have been cut, indicating that the market still needs to respect technical analysis. Let's take a look at the performance of the leading Chinese token—holding the 0.15 level quite well, currently in the stage of retesting. From a fundamental perspective, the great narrative combined with unique IP settings gives this token a bit of the flavor of last year's inscription craze, just more fresh.
Pushing to 0.5 before the Spring Festival? Based on the current upward momentum and market enthusiasm, it's not impossible. But on the other hand, good things also need someone to bottom fish; you need to wait for a true technical reversal confirmation before taking action. Brothers who don't have time to monitor the market closely might as well study more of these leading tokens—it's much more reliable than chasing highs and selling lows.