$EPIC This token changes its name from ERN to catch up with the RWA wave trend—one of the industries with expectations for long-term cash flow. However, the market is extremely split, and real capital only flows into actual RWA blue-chips that truly have large locked assets.
EPIC’s current price is now nearly 90% below the previous peak. The sentiment of being stuck in earlier cycles is still very heavy, and the current momentum chasing higher is not strong enough to produce a decisive breakout. As a result, the token usually trades sideways or drifts along with the overall market liquidity. On top of that, there are many sell orders waiting above, while there are fewer buy orders waiting below—there is no solid support. Just one sufficiently sized sell order can push the price down very deeply.
The current strategy should only be short-term trading, riding the short-term rhythm that matches the exchange’s liquidity sweep cycles. If investing long-term, I think you should split your capital into different tranches, avoiding going all-in when the trend shows signs of stalling like it does right now.
Bitcoin is also moving sideways, which has held back the sentiment of many smaller retail investors, and positions have therefore weakened.
From my personal perspective, EPIC is unlikely to rise much higher—it will likely move sideways or gradually decline.
Wishing you all lots of luck!
$EPIC
EPIC’s current price is now nearly 90% below the previous peak. The sentiment of being stuck in earlier cycles is still very heavy, and the current momentum chasing higher is not strong enough to produce a decisive breakout. As a result, the token usually trades sideways or drifts along with the overall market liquidity. On top of that, there are many sell orders waiting above, while there are fewer buy orders waiting below—there is no solid support. Just one sufficiently sized sell order can push the price down very deeply.
The current strategy should only be short-term trading, riding the short-term rhythm that matches the exchange’s liquidity sweep cycles. If investing long-term, I think you should split your capital into different tranches, avoiding going all-in when the trend shows signs of stalling like it does right now.
Bitcoin is also moving sideways, which has held back the sentiment of many smaller retail investors, and positions have therefore weakened.
From my personal perspective, EPIC is unlikely to rise much higher—it will likely move sideways or gradually decline.
Wishing you all lots of luck!
$EPIC
