I noticed the surge of PROS on Binance today on February 15th. After researching for a few days, I felt a bit unfamiliar and ultimately did not participate.
From the trading strategy of this coin, I generally understand the method of accumulating a large amount of spot over the long term. This involves accumulating spot for more than 3-5 months in advance, and then, once the spot is sufficient, building a large number of contract orders in the days just before the surge, followed by starting the surge within 1-2 days. I noticed yesterday that PROS had built up a lot of contract orders, and today it started to surge.
This project is an old coin with a new narrative, currently focused on AI-enabled BTC mining to improve efficiency.
Now, it is becoming increasingly difficult to catch such surging coins. Not only do you need to research spot accumulation well in advance, but you also need to see if the market maker controls more than 50%, and observe if there has been a significant increase in the market maker's recent contract holdings. Only when all these conditions are met can you catch it.
For example, PROS previously had a market cap of only around 25M, and the funds for accumulation exceeded 20M.
It can be said that the market maker's stop-loss control level exceeds 80%.#白宫首届加密货币峰会 #币安优化上币机制
From the trading strategy of this coin, I generally understand the method of accumulating a large amount of spot over the long term. This involves accumulating spot for more than 3-5 months in advance, and then, once the spot is sufficient, building a large number of contract orders in the days just before the surge, followed by starting the surge within 1-2 days. I noticed yesterday that PROS had built up a lot of contract orders, and today it started to surge.
This project is an old coin with a new narrative, currently focused on AI-enabled BTC mining to improve efficiency.
Now, it is becoming increasingly difficult to catch such surging coins. Not only do you need to research spot accumulation well in advance, but you also need to see if the market maker controls more than 50%, and observe if there has been a significant increase in the market maker's recent contract holdings. Only when all these conditions are met can you catch it.
For example, PROS previously had a market cap of only around 25M, and the funds for accumulation exceeded 20M.
It can be said that the market maker's stop-loss control level exceeds 80%.#白宫首届加密货币峰会 #币安优化上币机制
