There have been quite a few moves from copycat coins recently—let’s focus on three.
$ENA : It had been under unlock-bad-news pressure for a long time, grinding at the bottom for ages. This morning the sell pressure officially ended; instead of dropping, it surged upward and rebounded violently. The project’s fundamentals look solid, with real revenue support. Long-term, it’s worth keeping an eye on—wait for a pullback and buy in batches.
$DYDX : It pumped yesterday, but fell back today. News-wise, there’s talk of dividend expectations, but the market doesn’t care—after the pump, it got dumped. This shows that in the current phase, whenever small-cap altcoins spike hard, it’s an opportunity to exit. Don’t get greedy. If you really want a long-term position, wait until it returns to $0.1. Also, its spotlight was taken earlier by new players like Hyperliquid—don’t get too carried away.
$SOL : It’s moving fairly independently, not tracking Bitcoin or Ethereum. It’s holding above the prior high, and the converging triangle pattern is also wrapping up quickly. There’s a chance it could test 80 above. But I’m holding spot and still don’t dare to add here—the location is just too awkward. I’ll look to make a big entry when it pulls back around 60.
In short: Don’t chase coins that have already had a huge spike. If you like something, wait for a dip. If it’s in the middle range, just stay on the sidelines.
$ENA : It had been under unlock-bad-news pressure for a long time, grinding at the bottom for ages. This morning the sell pressure officially ended; instead of dropping, it surged upward and rebounded violently. The project’s fundamentals look solid, with real revenue support. Long-term, it’s worth keeping an eye on—wait for a pullback and buy in batches.
$DYDX : It pumped yesterday, but fell back today. News-wise, there’s talk of dividend expectations, but the market doesn’t care—after the pump, it got dumped. This shows that in the current phase, whenever small-cap altcoins spike hard, it’s an opportunity to exit. Don’t get greedy. If you really want a long-term position, wait until it returns to $0.1. Also, its spotlight was taken earlier by new players like Hyperliquid—don’t get too carried away.
$SOL : It’s moving fairly independently, not tracking Bitcoin or Ethereum. It’s holding above the prior high, and the converging triangle pattern is also wrapping up quickly. There’s a chance it could test 80 above. But I’m holding spot and still don’t dare to add here—the location is just too awkward. I’ll look to make a big entry when it pulls back around 60.
In short: Don’t chase coins that have already had a huge spike. If you like something, wait for a dip. If it’s in the middle range, just stay on the sidelines.