$VELVET This surge has left many people dizzy—within a single day it essentially took off. In 24 hours, the maximum increase reached 81%. From the low of 0.4210, it steadily climbed, pushing right up to the 0.8 level—almost a direct doubling.$GUA
Before this, the coin spent a long time ranging sideways, with the price staying pinned at low levels and oscillating. Many people had already lost patience and chose to exit. After the main players quietly completed their accumulation of shares, they directly initiated a brutal pump. Trading volume exploded in an instant, and funds rushed in, driving what looked like a straight-line rally. In the short term, the peak surged into the 0.8 area and met resistance; the price then dipped slightly back to around 0.79.$CYS
Risks in coins that suddenly spike like this must be taken seriously. After such a massive short-term surge, the order book accumulates a huge amount of profit-taking. The main players may exit at any moment to realize gains. Many retail traders see the explosive move and get carried away, chasing in impulsively—often right at the top.
Right now, market volatility will sharply increase; price wicks both up and down will become the norm. If you currently hold positions, don’t be greedy—gradually take profit in batches to lock in gains. If you haven’t entered yet, absolutely do not chase the price blindly. In this kind of急拉 (rapid pump) market, if the trend reverses, the speed of the drop can be just as fast and fierce.
In crypto short-term trading, taking profit is key. A huge spike doesn’t mean the trend can continue. Don’t let short-term big green candles cloud your judgment. Leverage must be strictly controlled to avoid getting trapped at high levels.
If you’re still feeling confused, feel free to chat. I’m here—if you want to make progress, I’ll walk with you as we move forward.
Before this, the coin spent a long time ranging sideways, with the price staying pinned at low levels and oscillating. Many people had already lost patience and chose to exit. After the main players quietly completed their accumulation of shares, they directly initiated a brutal pump. Trading volume exploded in an instant, and funds rushed in, driving what looked like a straight-line rally. In the short term, the peak surged into the 0.8 area and met resistance; the price then dipped slightly back to around 0.79.$CYS
Risks in coins that suddenly spike like this must be taken seriously. After such a massive short-term surge, the order book accumulates a huge amount of profit-taking. The main players may exit at any moment to realize gains. Many retail traders see the explosive move and get carried away, chasing in impulsively—often right at the top.
Right now, market volatility will sharply increase; price wicks both up and down will become the norm. If you currently hold positions, don’t be greedy—gradually take profit in batches to lock in gains. If you haven’t entered yet, absolutely do not chase the price blindly. In this kind of急拉 (rapid pump) market, if the trend reverses, the speed of the drop can be just as fast and fierce.
In crypto short-term trading, taking profit is key. A huge spike doesn’t mean the trend can continue. Don’t let short-term big green candles cloud your judgment. Leverage must be strictly controlled to avoid getting trapped at high levels.
If you’re still feeling confused, feel free to chat. I’m here—if you want to make progress, I’ll walk with you as we move forward.