Interesting thing. A Bitcoin fork coin with a Chinese name exploded today—its price of $0.000170 surged by 34.24%, with a 24-hour trading volume of $580,500. The number of trades alone hit 4,751, and wallet activity also increased, indicating that some people are indeed playing.

From a technical perspective, after the price surged, it started to stabilize, and the KDJ indicator is now in the low rebound phase. The future movement depends on whether the funds are truly entering or just testing the waters. The circulating market cap is $17,020, and there are 1,261 wallets. This scale isn't large, but it does have volatility potential.

However, on the other hand, the volatility of such fork projects can be as fierce as possible, so don’t mistake hot spots for trends. Be sure to set stop-losses, control your positions, and be especially cautious with leverage on contracts.