BOME This wave gets pulled down to 0.00133 and then gets smashed back to 0.0011396; the amplitude is 56%. This kind of movement just doesn’t look right. The $BOME -day trading volume hit 483.8M and did indeed see increased volume, but that highest point candle is clearly a spike for distribution—not a natural buy wall pushing it up.
I looked through the on-chain data. In the past 24 hours, the big whale addresses have net outflows of about 120 million coins, which completely contradicts the price increase. Retail is taking it, while big funds are running—this structure can’t hold up for continuous breakouts. Right now, the 0.0011 level is the key. If it breaks, then the rhythm will shift to a pullback to 0.00092. Anyway, I’m not chasing this high.
I looked through the on-chain data. In the past 24 hours, the big whale addresses have net outflows of about 120 million coins, which completely contradicts the price increase. Retail is taking it, while big funds are running—this structure can’t hold up for continuous breakouts. Right now, the 0.0011 level is the key. If it breaks, then the rhythm will shift to a pullback to 0.00092. Anyway, I’m not chasing this high.