Putting aside the candlesticks, can this surge of $M still keep going? Let’s talk about the hard-money logic
First, where the heat is, the money is. In the past 24 hours, it has already churned out nearly $180 million in trading volume, which means it is currently the absolute hotspot. With liquidity, there is also inertia to keep breaking upward.
In crypto, there’s a saying: “If there’s hype and turnover, even a pig can fly.” With such an enormous trading volume, it means countless short-term traders, quant robots, and even traders who just woke up are rushing in. Once this momentum-driven sentiment forms, it’s hard for it to suddenly die out within a few minutes. It usually relies on strong inertia to keep testing higher levels. @昕泽交易日记 #MORPHO涨超12%
First, where the heat is, the money is. In the past 24 hours, it has already churned out nearly $180 million in trading volume, which means it is currently the absolute hotspot. With liquidity, there is also inertia to keep breaking upward.
In crypto, there’s a saying: “If there’s hype and turnover, even a pig can fly.” With such an enormous trading volume, it means countless short-term traders, quant robots, and even traders who just woke up are rushing in. Once this momentum-driven sentiment forms, it’s hard for it to suddenly die out within a few minutes. It usually relies on strong inertia to keep testing higher levels. @昕泽交易日记 #MORPHO涨超12%