$KAIA Guys! KAIA is up 53.6% this time around—looks seriously strong! But let me pour a little cold water on it: trading volume is only 14.8 million U. Honestly, that’s pretty underwhelming.
This kind of rally is clearly being driven by light money, not the short-squeeze logic you get when whales pile in. On a smaller scale, it’s short-term traders playing on sentiment; on a larger scale, the order book is thin, so it can drop just as fast.
After taking losses for all these years, the kind of market I’m most wary of is one that’s “rising hard, but without the volume to back it up.” I only hold when I can make sense of the volume. If I can’t, keeping my hands off is how I make money.
Guys, share your thoughts in the comments—do you think this rally can hold?
#行情异动 #币圈观察 #KAIA
This kind of rally is clearly being driven by light money, not the short-squeeze logic you get when whales pile in. On a smaller scale, it’s short-term traders playing on sentiment; on a larger scale, the order book is thin, so it can drop just as fast.
After taking losses for all these years, the kind of market I’m most wary of is one that’s “rising hard, but without the volume to back it up.” I only hold when I can make sense of the volume. If I can’t, keeping my hands off is how I make money.
Guys, share your thoughts in the comments—do you think this rally can hold?
#行情异动 #币圈观察 #KAIA