$ALGO Dealer/Main Force Direction Tracking Share

Recently, based on data from the aic100 platform, I did some statistics and simply organized some current market structure and sentiment direction for your reference:

📌 Direction: Bearish

📌 Suggestion: Wait and See

📌 Risk Control: High Risk

Below is my personal logical breakdown, which may not be entirely accurate, and is only for communication and sharing:

The positions of the whales are skewed: the number of bearish whales (182) is greater than that of bullish whales (165), and the holding value of bearish whales (4.75M USDT) is significantly higher than that of bullish whales (3.37M USDT). This indicates that smart money overall leans towards bearish on ALGO.

The above are some of my personal views on the current $ALGO , feel free to add.

#ALGO