$SC, I’m making this move up and it’s gone a bit crazy.
Current price around 0.0009
In the last 24h, it rebounded about 44.7%, but volume is on the weak side
Analysis: The market sentiment is split into two groups right now. One group is the people who chased in—they’re still excited. The other group is the ones who missed the move; they’re a bit frustrated. Anyway, the chart is being pulled up so aggressively—there was even a -5.14% wick in the 5-minute candle—so both longs and shorts are getting overheated. My own mindset is pretty steady, though. At this level I’m not panicking or getting greedy; I’m just watching whether it can hold around that high near 0.0011. Honestly, the trading volume can’t keep up—this looks more like a momentum/emotion-driven move. Let’s first see if anyone steps in to take the baton. Damn, the short-term fluctuations are really stimulating.
For those who chased—tell me, what does it feel like?
Current price around 0.0009
In the last 24h, it rebounded about 44.7%, but volume is on the weak side
Analysis: The market sentiment is split into two groups right now. One group is the people who chased in—they’re still excited. The other group is the ones who missed the move; they’re a bit frustrated. Anyway, the chart is being pulled up so aggressively—there was even a -5.14% wick in the 5-minute candle—so both longs and shorts are getting overheated. My own mindset is pretty steady, though. At this level I’m not panicking or getting greedy; I’m just watching whether it can hold around that high near 0.0011. Honestly, the trading volume can’t keep up—this looks more like a momentum/emotion-driven move. Let’s first see if anyone steps in to take the baton. Damn, the short-term fluctuations are really stimulating.
For those who chased—tell me, what does it feel like?
