A turnover of $LUMIA 28M was enough to drive a 45% gain—that tells you how thin this market is. You can draw your own conclusions.
With LUMIA’s trading volume, to put it bluntly, it doesn’t take much to push the price up, and it doesn’t take much to dump it either. If the news hasn’t caught up, this kind of rally is just investors playing pass-the-parcel. It can stop at any moment. I’ve seen far too many scenes like this: “one huge green candle, retail investors lined up one after another”—and the next day, they’re left holding the bag at the top.
So my take is simple: don’t chase this 45% gain. If you jump in now, you won’t be making a profit—you’ll be left holding the bag. If you really believe in the project, wait for a pullback and confirmation before making a move.
#行情异动 #币圈观察 #LUMIA
With LUMIA’s trading volume, to put it bluntly, it doesn’t take much to push the price up, and it doesn’t take much to dump it either. If the news hasn’t caught up, this kind of rally is just investors playing pass-the-parcel. It can stop at any moment. I’ve seen far too many scenes like this: “one huge green candle, retail investors lined up one after another”—and the next day, they’re left holding the bag at the top.
So my take is simple: don’t chase this 45% gain. If you jump in now, you won’t be making a profit—you’ll be left holding the bag. If you really believe in the project, wait for a pullback and confirmation before making a move.
#行情异动 #币圈观察 #LUMIA