A certain exchange has listed the MAR perpetual contract.
Price action around listing announcements follows a pattern I’ve seen many times, generally in three stages:
① When the news breaks: attention peaks, and the candlesticks often move ahead of the announcement;
② Around the listing: profit-taking is at its highest, and a spike followed by a pullback is common;
③ A few days after trading opens: the market returns to fundamentals, and whether volume holds is key.
$BTC latest price: 82650.01, 24h: -0.41%. It’s currently in stage ①.
New coins offer both opportunity and risk; position sizing matters most.
#BTC
This is for informational purposes only and does not constitute investment advice.
Price action around listing announcements follows a pattern I’ve seen many times, generally in three stages:
① When the news breaks: attention peaks, and the candlesticks often move ahead of the announcement;
② Around the listing: profit-taking is at its highest, and a spike followed by a pullback is common;
③ A few days after trading opens: the market returns to fundamentals, and whether volume holds is key.
$BTC latest price: 82650.01, 24h: -0.41%. It’s currently in stage ①.
New coins offer both opportunity and risk; position sizing matters most.
#BTC
This is for informational purposes only and does not constitute investment advice.