$ALCH this wave went from 0.04 up to 0.06, then pulled back to 0.056. In 24 hours it’s up 42.51%, with a trading volume of $21 million. I noticed a signal: early this morning at around 3 a.m. on-chain, there was a $1.2 million buy order that directly swept the sell orders from 0.048 to 0.053. It wasn’t built in batches—it was eaten all at once. There are only two kinds of people who can do this: either they know something and are rushing to get in, or they’re deliberately doing it to show the order book. I lean toward the latter. What are the big players doing? Just look at two things. First, the sell orders stacked at the 0.06 level are about three times the thickness of the 0.055 layer, but when the price pushed to 0.0598 it stopped—missing by just 0.0002 and not touching it. That isn’t resistance; someone is using the lowest cost to draw the chart. Second, of the $21 million in traded value, nearly 40% was concentrated in the most recent six hours, while the price fluctuation range narrowed to 0.054–0.058. Volume is up but price isn’t—are retail traders chasing while the big wallets are either doing wash trading to distribute or pushing down to accumulate? Looking at position changes, the ALCH balances of the top twenty addresses today didn’t decrease; instead, they added 3%. So the answer is very clear. This ALCH is a relatively small circulating float. With $21 million in turnover pushing a 42% rally, it shows the concentration of holdings is very high. The low at 0.04 was intentionally smashed last week—to shake out the uncommitted. Now the price is at 0.056; if it pulls back to 0.052 without breaking it, that’s your chance to get in. If it breaks above 0.06, the next target is directly 0.075—there’s no meaningful sell wall in between. Don’t wait for “news to come out” before chasing; by then the price will already be above 0.08. Just wait and see. Do you agree?
