Hey everyone, how has JELLYJELLY been lately? Looking at the chart makes me want to "dance" along with it!
Since the end of September and the beginning of October, our JELLYJELLY made a strong surge, jumping straight from the $100K range to an impressive $120K. Truly premium stuff, it just keeps going without getting tired! But, as is the nature of trading, nothing lasts forever; it did have a significant correction, returning to the $100K range throughout October. Those who ride the waves during that period must have made quite a profit!
By mid-November, JELLYJELLY experienced a significant "youth drop", falling straight to the $85K-$90K range. This part seems a bit boring, but calm down, the opportunity to grab good price items is right here! Look at the price holding around $90K since the beginning of December. It seems like it is finding a balance point.
The Open Interest (the blue line below) remains steady, with no significant fluctuations, indicating that funds are still quietly flowing in, with no signs of panic or a strong "dumping". The buying and selling forces are intertwined, but currently, JELLYJELLY is gradually regaining its position.
In this phase, those who are sharp might catch the bottom around $90K and wait for the "rebound" to rise back to $100K, making some cash for year-end travel. I see that it is showing signs of "hovering" in preparation for a new explosive phase. For those who don't have any, this might be the time to "savor" JELLYJELLY and add it to the portfolio! It's tasty!
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