The fluctuations in this round of $STEEM look more like an amplified volatility effect from the concentration of inflows into small-cap coins. The 24-hour increase once reached 80.1%; the current price is about 0.06086 USDT. Trading volume is about $49.43 million, market cap about $33.96 million, and Vol/Cap has already exceeded 2 times. With open positions also rising noticeably, it suggests that leverage and attention from capital are heating up in tandem. In the short term, the price may still be driven by momentum. However, high turnover and high volatility also mean pullbacks can happen quickly, so when chasing a rally you need to control your position size. #Steem #链上数据 #Small-cap