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傻白二货姐DL
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SIREN, JCT, BR are surging against the trend, who is making money secretly?
Today's market is quite interesting, the main index is going down, BTC has dropped below 68,000, but a few small coins are surging upwards—SIREN, JCT, BR, these three have basically become the focus of today. To start with the results: SIREN rose by as much as 159% during the day, JCT increased by 74%, and BR also had over 50%, at one point even surging over 200%.
If you are watching the market, you will notice a detail—these coins started around the same time and accelerated together. This situation usually indicates that it’s not retail investors buying, but rather that funds are concentrating their efforts.
The key point is still SIREN, the most exaggerated aspect of this coin is not the rise but the degree of control. On-chain data suggests that over 88% of the chips are in the hands of a few people, which can basically be understood as “they can do whatever they want.” The previous surge to 30 times is not hard to understand. But problems have also started to emerge; some people made money, while others faced liquidation, and the community's sentiments are quite divided. Those who shorted have mostly been wiped out, but the number of people expressing bearish sentiments has actually increased, which is quite typical in this state.
To briefly mention the other two: JCT has been relatively stable this time, with little retracement, and buying pressure is still continuing, making its short-term structure relatively healthy among these coins. BR is a bit different; it surged strongly earlier, but the subsequent drop was also quick, and now it’s evident that selling pressure has emerged, with funds not being as unified.
How to understand this kind of market? Simply put, when the main index has no opportunities, funds look for space in small coins. Small market cap, easy to pump, and when emotions are high, it can take off. But the reverse is also true—when it rises quickly, it won’t fall slowly. So these coins right now are essentially not driven by any fundamentals, but purely by capital + emotions. You can participate, but you must think clearly about one thing: Are you entering early, or are you already behind?
In summary: these coins that surge against the trend may look very tempting, but most of the time, it’s not you participating in an opportunity, but you participating in a game that has already started. $BNB #加密周期 #Market Dynamics
Today's market is quite interesting, the main index is going down, BTC has dropped below 68,000, but a few small coins are surging upwards—SIREN, JCT, BR, these three have basically become the focus of today. To start with the results: SIREN rose by as much as 159% during the day, JCT increased by 74%, and BR also had over 50%, at one point even surging over 200%.
If you are watching the market, you will notice a detail—these coins started around the same time and accelerated together. This situation usually indicates that it’s not retail investors buying, but rather that funds are concentrating their efforts.
The key point is still SIREN, the most exaggerated aspect of this coin is not the rise but the degree of control. On-chain data suggests that over 88% of the chips are in the hands of a few people, which can basically be understood as “they can do whatever they want.” The previous surge to 30 times is not hard to understand. But problems have also started to emerge; some people made money, while others faced liquidation, and the community's sentiments are quite divided. Those who shorted have mostly been wiped out, but the number of people expressing bearish sentiments has actually increased, which is quite typical in this state.
To briefly mention the other two: JCT has been relatively stable this time, with little retracement, and buying pressure is still continuing, making its short-term structure relatively healthy among these coins. BR is a bit different; it surged strongly earlier, but the subsequent drop was also quick, and now it’s evident that selling pressure has emerged, with funds not being as unified.
How to understand this kind of market? Simply put, when the main index has no opportunities, funds look for space in small coins. Small market cap, easy to pump, and when emotions are high, it can take off. But the reverse is also true—when it rises quickly, it won’t fall slowly. So these coins right now are essentially not driven by any fundamentals, but purely by capital + emotions. You can participate, but you must think clearly about one thing: Are you entering early, or are you already behind?
In summary: these coins that surge against the trend may look very tempting, but most of the time, it’s not you participating in an opportunity, but you participating in a game that has already started. $BNB #加密周期 #Market Dynamics
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.