BONK 100x MEME in 2 months.

From the perspective of technical analysis, there is a strong divergence here. The volume is accelerating to reach new highs. In the range of new highs, there is always a very large volume that can consolidate, and the market divergence is very large.

If the rise cannot be relayed, there should be a continued downward trend when market sentiment gradually subsides.

The current market value is US$1.7 billion, while Shiba currently has a market value of US$5.7 billion, which can be used for comparison and reference. It is difficult to predict the top of MEME, but it can be judged by market sentiment.

So in the near future, I think we can pay attention to the resonance of the technical structure and the subsidence of market sentiment.

(⚠️: I’m not telling you to go short now)