Just took a look at the data—there’s something here.
$PORTAL is up 63%, but what I noticed is that the trading volume at 28.7M is the key. This kind of simultaneous rise in price and volume doesn’t look like something retail traders could pull off. Most likely, there’s a market-maker pushing it, or some news hasn’t been released yet. $BTC is holding steady above 63,500 today, with the funding rate at 0.0091—still within a normal range. There hasn’t been any extreme long/short imbalance, so this doesn’t look like a行情 driven by the overall market.
Can you chase it? I’m not sure. What a market-maker fears most is you buying high. If they distribute their holdings and you’re the one left holding the bag, that’s the risk. But 28M in trading volume suggests this isn’t just small-time action—there could be more upside ahead.
Next, look at NFP: it’s down 66%, essentially evaporating from the coin price. This kind of drop is definitely not a normal correction. The trading volume is only 3.8M, which suggests nobody is stepping in to take it—clearly panic selling. Some people say you can buy the dip, but I’d advise you to wait. If it’s fallen that much, there must be a reason—wait until the bad news is fully out of the way.
The other few smaller coins that are down 50%-70% are all in similar situations.
I’m staying in cash today, watching and waiting. I’ll decide after $PORTAL pulls back and the move is confirmed. Can the bears still hold on?
#Write2Earn #Crypto
⚠️ Personal opinion only; not investment advice.
$PORTAL is up 63%, but what I noticed is that the trading volume at 28.7M is the key. This kind of simultaneous rise in price and volume doesn’t look like something retail traders could pull off. Most likely, there’s a market-maker pushing it, or some news hasn’t been released yet. $BTC is holding steady above 63,500 today, with the funding rate at 0.0091—still within a normal range. There hasn’t been any extreme long/short imbalance, so this doesn’t look like a行情 driven by the overall market.
Can you chase it? I’m not sure. What a market-maker fears most is you buying high. If they distribute their holdings and you’re the one left holding the bag, that’s the risk. But 28M in trading volume suggests this isn’t just small-time action—there could be more upside ahead.
Next, look at NFP: it’s down 66%, essentially evaporating from the coin price. This kind of drop is definitely not a normal correction. The trading volume is only 3.8M, which suggests nobody is stepping in to take it—clearly panic selling. Some people say you can buy the dip, but I’d advise you to wait. If it’s fallen that much, there must be a reason—wait until the bad news is fully out of the way.
The other few smaller coins that are down 50%-70% are all in similar situations.
I’m staying in cash today, watching and waiting. I’ll decide after $PORTAL pulls back and the move is confirmed. Can the bears still hold on?
#Write2Earn #Crypto
⚠️ Personal opinion only; not investment advice.