$H Last night, I was looking for new coins, thinking of H and BTC. H fluctuates around 0.2, with no heat, seeming like dead water with slight ripples, but it’s different from deep-set coins like BEAT, which are heavily trapped by many investors. Although H hit a new high of 0.4 and then retraced, it quickly bounced back to 0.2 and is now consolidating here.
What is it really doing? Last week, BTC broke out, and H also made a fake breakout. At that time, I felt a sense of a seasonal wave of clones coming, and last night, I suddenly thought that H is rising sideways instead of falling. There are always people outside who are disappointed, losing chips in volatility and liquidations. The traders controlling H only need to take on long positions themselves and let the market close out the shorts, so that over time, with the magic of accumulation, the chips are gradually gathered. Liquidity, BTC, overall market heat... So, the seasonal hype around H was expected. Back to the H project, real human recognition is actually very distant. After the airdrop, H didn’t have many users; just look at the on-chain browser. There are also star projects like WLD ahead. The true value and future prospects may be like a dream, but as long as the price doesn’t fall, someone is controlling the market.
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$H Last night, I was looking for new coins, thinking of H and BTC. H fluctuates around 0.2, with no heat, seeming like dead water with slight ripples, but it’s different from deep-set coins like BEAT, which are heavily trapped by many investors. Although H hit a new high of 0.4 and then retraced, it quickly bounced back to 0.2 and is now consolidating here.
What is it really doing? Last week, BTC broke out, and H also made a fake breakout. At that time, I felt a sense of a seasonal wave of clones coming, and last night, I suddenly thought that H is rising sideways instead of falling. There are always people outside who are disappointed, losing chips in volatility and liquidations. The traders controlling H only need to take on long positions themselves and let the market close out the shorts, so that over time, with the magic of accumulation, the chips are gradually gathered.
Liquidity, BTC, overall market heat... So, the seasonal hype around H was expected.
Back to the H project, real human recognition is actually very distant. After the airdrop, H didn’t have many users; just look at the on-chain browser. There are also star projects like WLD ahead. The true value and future prospects may be like a dream, but as long as the price doesn’t fall, someone is controlling the market.