Looking at this wave of market, the popularity of GIGGLE and ASTER is indeed a bit excessive. Based on the current trend, the overall market is still in an unstable phase, and these two coins are likely to continue retracing in the short term.
To be honest, retail investors are holding on tightly, and there are no signs of the big players offloading, so a rapid rally is unlikely. The hype is high, but the fundamentals are not yet solid enough to support it. Instead of blindly bottom-fishing, it's better to wait and see for opportunities after the correction is complete, which could improve the win rate.
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GrayscaleArbitrageur
· 12-16 13:53
If the market maker really didn't sell off, where did this wave of price increase come from? The way it's said sounds nice, but the logic doesn't quite add up.
Looking at this wave of market, the popularity of GIGGLE and ASTER is indeed a bit excessive. Based on the current trend, the overall market is still in an unstable phase, and these two coins are likely to continue retracing in the short term.
To be honest, retail investors are holding on tightly, and there are no signs of the big players offloading, so a rapid rally is unlikely. The hype is high, but the fundamentals are not yet solid enough to support it. Instead of blindly bottom-fishing, it's better to wait and see for opportunities after the correction is complete, which could improve the win rate.