PONS yesterday surged to nearly a $400 million market cap peak. The current trend is sluggish, and it looks like this wave of the main breakout rally may have already played out. Going forward, the market should enter a pullback and consolidation/adjustment phase.
BSC’s Mars coin ($MarsCoin ) was listed on Binance Futures yesterday and pumped into a doubled行情. In the future, continuing to buy/hold on spot should be fine—keep holding.
Due to the BSC Mars coin being listed on Binance Futures, RH chain’s “Mars people” dumped hard; the large holder in front of me cut losses and exited a fair amount. At the moment I’m down about 12,000 U. I don’t plan to run. I sold the SPCX that I had previously accumulated from distributing 700 dollars and used the proceeds to top up my position a bit. This one is a “tu dog” with extremely high risk, so I don’t recommend anyone touch it.
Earlier on, the RH leader cashcat has been in consolidation and adjustment for a long time. I think in the near term, there will be many big PONS holders shifting their funds into cashcat to try to break out from a big consolidation box and run a wave of the main breakout rally. When PONS’s adjustment is about done, these funds will still flow back to PONS.
This morning, I exchanged a small amount of PONS from another wallet into cashcat to observe whether it will break out of the consolidation box and then take the baton to pull up PONS with another main breakout rally—continue leading the RH chain and keep it hot.
In this PONS pullback, quite a few high-value quality coins from the RH chain will likely follow the pullback as well. This pullback is the second opportunity to enter and set up a position in quality, high-potential assets. Lately, I’m still continuing to observe and position RH chain’s quality assets.
BSC’s Mars coin ($MarsCoin ) was listed on Binance Futures yesterday and pumped into a doubled行情. In the future, continuing to buy/hold on spot should be fine—keep holding.
Due to the BSC Mars coin being listed on Binance Futures, RH chain’s “Mars people” dumped hard; the large holder in front of me cut losses and exited a fair amount. At the moment I’m down about 12,000 U. I don’t plan to run. I sold the SPCX that I had previously accumulated from distributing 700 dollars and used the proceeds to top up my position a bit. This one is a “tu dog” with extremely high risk, so I don’t recommend anyone touch it.
Earlier on, the RH leader cashcat has been in consolidation and adjustment for a long time. I think in the near term, there will be many big PONS holders shifting their funds into cashcat to try to break out from a big consolidation box and run a wave of the main breakout rally. When PONS’s adjustment is about done, these funds will still flow back to PONS.
This morning, I exchanged a small amount of PONS from another wallet into cashcat to observe whether it will break out of the consolidation box and then take the baton to pull up PONS with another main breakout rally—continue leading the RH chain and keep it hot.
In this PONS pullback, quite a few high-value quality coins from the RH chain will likely follow the pullback as well. This pullback is the second opportunity to enter and set up a position in quality, high-potential assets. Lately, I’m still continuing to observe and position RH chain’s quality assets.
