Don’t just watch the excitement in the short term—first figure out what kind of money is driving each coin.

$KAT 15m spot trading value: 401,800, with a spread of 0.16%. First, look at spot follow-through. “Popular” only means there are people here—not that the direction has already been chosen. At least now people are watching, and money is being put in.

$ZEC 15m long/spot position +0.49% / +0.08%, open interest 740.23M, funding rate -0.0042%. The ones who miss the move are the most uncomfortable, but don’t chase the highest candle just to try to catch up and end up missing more profit. The trend is still there, but when you chase in, you need to check whether your cost has already been pushed higher.

$TRUMP 15m long/spot position +0.18% / +0.25%, trading value 800,400, with active buys accounting for 44.8%. A rebound isn’t guaranteed, but when the shorts are too crowded, be careful that it could come quickly. There are plenty of shorts—if they keep trying to dump but can’t push it down, they’ll start to feel bad.