$BLAST 跌至 ATH 的距离下跌了 99.16%。This number itself is a kind of psychological anchor. At this level, “waiting to get back to even” is no longer a decision variable, because rationally nobody believes it can go back. Yesterday’s single-day move was -39%; the market cap is left at $17.37M—yet the 24-hour trading volume is $18.36M, and the turnover rate is over 100%, which indicates it’s not that nobody is willing to take it. Instead, in the early session, a batch of funds ignited above $0.00034. On October 3rd, it was directly dumped from $0.000414 down to $0.000213. In the late session, dip-buyers grabbed a bit back.
Now there’s no real trend on the chart—only disagreement.
I think it’s being pulled between two judgments: one believes that it bounced back from around $0.00021 to $0.000246, showing that the long lower wick has support; going forward, you’d need at least 6–12 hours of stable price/volume to confirm the stop of the down move. The other believes that with such a tiny market cap and such wild turnover, the only people who truly make money are those who grab the rebound immediately; waiting for confirmation often means confirmation arrives only after others have already locked in profit.
What I care about more is that at the monthly-candle level, $BLAST is still in a downtrend. $0.000414—that was yesterday’s high—is the most important resistance in the near term. If the rebound wave’s third wave can first reclaim that level and break through, then the logic changes; but if it stalls around $0.0003, then the people who raced ahead this time are essentially using the previous batch’s low as a test.
Now there’s no real trend on the chart—only disagreement.
I think it’s being pulled between two judgments: one believes that it bounced back from around $0.00021 to $0.000246, showing that the long lower wick has support; going forward, you’d need at least 6–12 hours of stable price/volume to confirm the stop of the down move. The other believes that with such a tiny market cap and such wild turnover, the only people who truly make money are those who grab the rebound immediately; waiting for confirmation often means confirmation arrives only after others have already locked in profit.
What I care about more is that at the monthly-candle level, $BLAST is still in a downtrend. $0.000414—that was yesterday’s high—is the most important resistance in the near term. If the rebound wave’s third wave can first reclaim that level and break through, then the logic changes; but if it stalls around $0.0003, then the people who raced ahead this time are essentially using the previous batch’s low as a test.