Coin friends, the God of Wealth has arrived! Today there is a big news in the crypto circle: CZ personally calls out $ASTER and reveals that he bought more than 2 million USD! Are you excited? Don't rush, follow the God of Wealth, and let’s take a look behind the data to see if this is a real opportunity or just a 'yangmou' by the big shots!
News + Capital: Big shots stand up, where does the money flow?
CZ's increase in holdings is indeed a heavy message. The big shot is voting with real money, and market sentiment is definitely ignited. But when we trade coins, we can't just watch the excitement; we need to understand the underlying trends. Looking at the data on the right 'Contract Capital': there is normal short-term capital inflow following the trend; but the key is to look at the left 'Spot Capital': over an 8-hour period, capital has actually been continuously flowing out, with a net outflow of over 100 million USD in 10 days! This reveals a dangerous signal: significant holders or early investors are quietly cashing out, leveraging the heat brought by CZ's calls. It's his business to buy, but the 'smart money' has already begun to retreat.
Technical aspect: The 'cliff dance' at the key level
Looking at the price again, it is currently stuck around the key level of 0.935, with strong resistance at 0.955 and 0.978 above, and support at 0.91 below. The MACD has just crossed golden, and the energy is slightly increasing, indicating a possibility of a short-term upward test of resistance. But remember, at the key resistance level, the first charge often finds it difficult to break through directly. If it can't push up, it can easily turn back down. This position is both an opportunity and a risk.
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Ruishen's insights + operational guidelines: Don't get overexcited, be a smart person.
Ruishen's judgment is: In the short term, driven by emotions, there may be a surge, but the risks of chasing high are enormous. Especially if it reaches the 0.955-0.978 resistance area, it is likely a short-term selling point, not a buying point.
Suggestions for holding positions: Focus on the two resistance levels of 0.955 and 0.978. If it reaches here and the volume does not keep up, resulting in stagnation, decisively reduce positions in batches, and pocket the profits first.
Suggestions for watching: Absolutely do not chase blindly! If you really want to play, wait for two kinds of opportunities: First, wait for a decent correction, consider buying low near the 0.91 support; second, wait for the price to truly break through and stabilize above the 0.978 strong resistance, confirming the trend's strength before following. At other times, just watch the show.
Don't let FOMO emotions control you. The market is always full of opportunities, but what is lacking is capital.
Crypto friends, when the big shot calls a trade, it gives you confidence, but it's not an order to charge blindly. In the crypto world, you must learn to leverage the situation, and more importantly, understand the financial intentions behind the trends to survive longer.
If you don't know the specific entry timing and exit points, and for those holding positions, you can follow Ruishen, who will announce daily cryptocurrencies, entry points, and exit timings in the chat room!#美联储降息
