Everywhere in friend circles and group chats, people are posting "COTI To da moon" and "Privacy Coin is going to be hot", the market sentiment is boiling.



But if you look closely, can this wave of the price increase really be sustained?

From the data, COTI indeed shows strength. The MACD golden cross is upward, and the moving averages are in a bullish arrangement, indicating a "bullish" technical outlook. Moreover, it has recently been classified under the "Privacy Coin" sector, and with the narrative in place, interest has surged. Many people are jumping in for fear of missing the next hundredfold coin.

But when you think about it calmly, such violent price surges in a short period are often not a sign of a healthy market. It seems more like someone is deliberately driving up the price to force those who are short to cover their positions — what we commonly refer to as "squeezing the shorts." And once the shorts have been mostly cleared out and there are no opposing orders, the next likely move is to "squeeze the longs."

This is not alarmism. You can see that the RSI indicator has already shown overbought conditions, indicating that the buying power is overly concentrated in the short term, and the risk of a pullback is very high. Although the trading volume is large, a significant portion consists of short-term funds entering and exiting, and there are not many long-term funds that can truly hold their position.

I have a few frens around me who bought in at around $0.05. Although they are making a profit now, they are starting to get nervous about whether to run. My suggestion is: if you still have some coins on hand, take advantage of the current sentiment while the price is still high, and consider selling in batches to secure your profits.

After all, the faster it rises, the smoother it falls. Don't wait until the tide goes out to find out you aren't wearing pants.

The crypto world is never short of opportunities; what's lacking is the rationality to hold onto profits. For this wave of COTI, I choose to watch the show. How about you? $COTI #隐私币生态逆势上涨
COTI-0,35%
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