$RED VOL LỚN NHƯNG NẾN VẪN ĐỎ - NHỊP XẢ RÕ RỆT
According to my own assessment, the pull-up just now helped a lot of “fish” get out of their positions. RED, which originally just sat in one place for a whole year, finally got some good news this time plus the BTC pump wave last night, which brought RED more attention—and there was also a slight hiccup that caused the price to bounce back up. But just look at the volume: it spiked to the sky on one bar, then plunged down like a fighter jet hitting a target. It dropped too fast, causing many buy orders waiting below to get filled. Even though the buy side absorbed a large amount of tokens, the sell side was just too aggressive—so the price falling is only natural. One down move alone doesn’t prove anything, but once the “fish” have left, liquidity deteriorates, attention fades, and the price will likely continue to turn back downward. With today’s BTC trend plus sell-offs like this, RED very likely will return to the 0.12 region or about ~0.11, like its previous state.
I hope my assessment is correct. If you have a different perspective, please share your opinions in the bl.
$RED
According to my own assessment, the pull-up just now helped a lot of “fish” get out of their positions. RED, which originally just sat in one place for a whole year, finally got some good news this time plus the BTC pump wave last night, which brought RED more attention—and there was also a slight hiccup that caused the price to bounce back up. But just look at the volume: it spiked to the sky on one bar, then plunged down like a fighter jet hitting a target. It dropped too fast, causing many buy orders waiting below to get filled. Even though the buy side absorbed a large amount of tokens, the sell side was just too aggressive—so the price falling is only natural. One down move alone doesn’t prove anything, but once the “fish” have left, liquidity deteriorates, attention fades, and the price will likely continue to turn back downward. With today’s BTC trend plus sell-offs like this, RED very likely will return to the 0.12 region or about ~0.11, like its previous state.
I hope my assessment is correct. If you have a different perspective, please share your opinions in the bl.
$RED
