$COINX This time the strength is in the volume, not slogans. Price 183.22, up 4.57% in 24h, turnover about 4.32M. Expansion in volume and breakout happen at the same time, indicating that short-term funds really have moved. The issue is also here: if the volume/energy only concentrates in one or two 1h candles, but doesn’t continue afterward, people who chase in will be very passive. When I click into the token page, I’ll first check whether the 24h turnover keeps following through; in the 1h timeframe, whether the pullback is on shrinking volume; and whether the order book thickness near the current price is substantial. If volume contracts, then the earlier candle should be discounted. I’ll also compare the previous 6 1h candles: if the highs are being raised but the成交 (turnover) drops, it means the funds are starting to hesitate. This round of news is just background; I only look at the chart. My observation approach is to wait for the turnover to increase again for a bit, or to wait until the pullback doesn’t break the prior low. One more detail: if the turnover is high but the bid-ask spread widens, it means funds are抢流动性 (snatching liquidity). If turnover is high and the spread stays stable, that’s more like normal turnover. Data must be continuous—one-off spikes are only a warning, not a conclusion.