SPK has recently performed well, with a clear bullish atmosphere. From a technical perspective, the 7-day, 25-day, and 99-day exponential moving averages are perfectly aligned upward, and the MACD indicator also signals a strong bullish trend. These signs all point to further potential price increases.



The market activity is even more noteworthy. Trading volume has surpassed 2.6 million USDT, with over 61,052 USDT in large net inflows, indicating that both institutions and retail investors are re-evaluating this project. Such abnormal trading volume is no small matter — it usually signifies a shift in market sentiment.

The project's fundamentals are also quite solid. A TVL (Total Value Locked) of 7.49 billion and an annualized fee of 172 million demonstrate genuine ecosystem activity. Community discussions also mention short positions being closed, which could further boost the price.

Of course, volatility risks should also be kept in mind. The 14-period ATR (Average True Range) has risen to 0.00060083, indicating significant short-term price fluctuations. Rapid surges or quick pullbacks are possible. In such a high-volatility environment, proper risk management is essential when trading.
SPK0,08%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • Repost
  • Share
Comment
0/400
SelfMadeRuggeevip
· 01-09 22:35
Wow, SPK is really taking off this time. Be careful when accepting the buy-in with such strong volume.
View OriginalReply0
digital_archaeologistvip
· 01-09 08:38
Haha, SPK this wave really looks promising. Wait, should I take another look at the TVL numbers? Something feels off. With such strong volume, be careful of trap trading, friends. The short-term fluctuations are so big, I think I'll stay on the sidelines for now. The technicals are bullish, but I'm more worried about people buying at high levels. 61k net inflow sounds impressive, but who knows if it's whales or retail investors. It's another perfect alignment and strong signal—I've heard this too many times... What does a surge in ATR mean? It probably means losing money. We don't play high volatility; that's how we stay conservative. In this kind of market, making money is quick, but losing money is even faster.
View OriginalReply0
Rekt_Recoveryvip
· 01-09 06:57
ngl been burned on the "perfect setup" narrative too many times... tvl looking solid tho, that's usually the copium i tell myself before liquidation hits lmao
Reply0
RunWhenCutvip
· 01-08 06:38
No, this trading volume breaking 2.6 million is really interesting. It feels like we're about to start harvesting the leeks again.
View OriginalReply0
ContractExplorervip
· 01-06 23:47
610,000 USDT net inflow? This wave of institutions quietly accumulating, SPK's pace is a bit fierce.
View OriginalReply0
rekt_but_vibingvip
· 01-06 23:40
Really? SPK is on the rise? The 2.6 million USDT volume doesn't seem as big as I imagined. --- Wait, short positions are closing? Isn't that a sign of being liquidated? Be careful of ambushes. --- TVL of 7.49 billion sounds impressive, but who knows what the actual activity level is? Anyway, I'm still on the sidelines. --- ATR of 0.00060083... Honestly, I don't understand this number, but high volatility is basically a playground for gamblers. --- Are institutional and retail investors both watching? Then I need to be more cautious. Usually, this is a sign of a coming trap. --- Bullish signals are back again. It said the same last time, and everyone knows how that ended. --- A net capital inflow of 61,052 USDT does show some movement, but can this amount really cause a big impact? --- Risk management? Ha, who in this circle actually practices risk management?
View OriginalReply0
TokenTherapistvip
· 01-06 23:38
It's the same combination of technical analysis, capital flow, and fundamentals again. Every time it seems like a guaranteed profit haha. Wait, the ATR has already spiked to this level, and you're still willing to go all in? I think this wave might be headed for a sharp decline.
View OriginalReply0
gas_fee_therapyvip
· 01-06 23:37
Institutions are quietly accumulating chips, while retail investors are still studying candlestick charts.
View OriginalReply0
LuckyBlindCatvip
· 01-06 23:23
Another hype concept? Funds are flowing in and out so frequently, I think I'll stay on the sidelines for now.
View OriginalReply0
View More
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt