Encryption | Momentum Interpretation | August 28
In 7 days +561%, then a 24h crash of -18%—are you guys still chasing this coin?
I took a quick look at the momentum leaderboard: AKE is #1 on the 7-day gainers with a 5x increase, but today it got dumped straight down -18%. Then on the losers board—AKE is right there at -18% too. This script is way too familiar: pump 5x in 7 days, and it all relies on that last “shooting arrow through the clouds.” Once the new batch of retail charges in to take the bag, the main players unload. A few days ago KAITO was +50% and STAR +46%—now they’re all just lying around at the top. Whoever chases gets a face-plant.
My take: at this level, I won’t touch any coin that ranks near the top on the 7-day gainers. Either wait for a pullback of 30–50%, or wait for the double-bottom confirmation. BANK +108% and US +89% are the same—watch the show, and if you rush in, you’re basically catching a falling knife.
But there’s one data point that’s making me cautious: FLOCK has a volume ratio of 38.8x. What does that mean? Trading volume is nearly 40 times the usual, but the price hasn’t moved much. This kind of heavy-volume stagnation is subtle—either the main players are quietly accumulating, or they’re distributing at the highs. Keep a close eye on the direction choice for the next 1–2 days: if it breaks out, follow; if it breaks down, run.
On the mainstream side: $SOL was the most impressive with +6% in a single day. $BTC is stalling around 80,000, and $ETH is still grinding below 2,500. If this independent move by $SOL can hold steady at 110, then room to the upside will finally open.
For the trade, I’m choosing to wait for a pullback—I’m not chasing highs. What about you? Drop a comment if you feel the same, and let’s discuss in the comments section.
In 7 days +561%, then a 24h crash of -18%—are you guys still chasing this coin?
I took a quick look at the momentum leaderboard: AKE is #1 on the 7-day gainers with a 5x increase, but today it got dumped straight down -18%. Then on the losers board—AKE is right there at -18% too. This script is way too familiar: pump 5x in 7 days, and it all relies on that last “shooting arrow through the clouds.” Once the new batch of retail charges in to take the bag, the main players unload. A few days ago KAITO was +50% and STAR +46%—now they’re all just lying around at the top. Whoever chases gets a face-plant.
My take: at this level, I won’t touch any coin that ranks near the top on the 7-day gainers. Either wait for a pullback of 30–50%, or wait for the double-bottom confirmation. BANK +108% and US +89% are the same—watch the show, and if you rush in, you’re basically catching a falling knife.
But there’s one data point that’s making me cautious: FLOCK has a volume ratio of 38.8x. What does that mean? Trading volume is nearly 40 times the usual, but the price hasn’t moved much. This kind of heavy-volume stagnation is subtle—either the main players are quietly accumulating, or they’re distributing at the highs. Keep a close eye on the direction choice for the next 1–2 days: if it breaks out, follow; if it breaks down, run.
On the mainstream side: $SOL was the most impressive with +6% in a single day. $BTC is stalling around 80,000, and $ETH is still grinding below 2,500. If this independent move by $SOL can hold steady at 110, then room to the upside will finally open.
For the trade, I’m choosing to wait for a pullback—I’m not chasing highs. What about you? Drop a comment if you feel the same, and let’s discuss in the comments section.