Contract Quant Report
#73 | Don't FOMO today, wait for a cleaner pullback
Market Status: Watching, with clear structural divergence. Today isn't a day to mindlessly chase the pumps; it's more about waiting for pullbacks and confirming breakouts.
Top Picks:
1) CLOUSDT
- After a 40.04% pump, it still shows strength, continuing to rise in the 6h timeframe
- Funding rate is slightly positive, and 1h positions are increasing
- Current price is 0.17104, quite a distance from the 20/50 reference levels; let's see if it can hold the pullback
2) ZESTUSDT
- Strong performance on the 6h chart, decent volume, and noticeable increase in 1h positions
- Current price is 0.2651; the structure is still strengthening, but short-term it's at a position that needs consolidation
- If it can hold and push higher, the continuation will be better
3) VELVETUSDT
- After a 24% pump, there’s still capital flowing in
- However, the current price of 0.15343 has clearly deviated from short to mid-term reference levels, making chasing it less favorable
- Better suited for waiting on a pullback to see if it can regain strength
4) Lobster USDT
- Strong on the 6h chart, high trading volume, but showing some pullback on the 1h
- Current price is 0.012274; let's see if it can hold the pullback area in the short term
- If it doesn't break the pullback, we can look for a second wave of strength
5) VVVUSDT
- Enough of a rise on the 6h, with increased trading volume
- However, 1h positions haven't changed much, indicating it’s more of a high-level consolidation
- Better suited for waiting on confirmation of a breakout, not for chasing at emotional peaks
Watch Levels / Trigger Conditions / Invalid Conditions:
- Watch Levels: Near their current prices, focusing on the strength of support after pullbacks
- Trigger Conditions: Re-accumulation after a pullback holds, or effective breakout after consolidation of local highs
- Invalid Conditions: Breaking below pullback lows, or a rapid drop after a high with lost support
Risk Warning:
- Most assets today have already seen some increase, chasing highs can easily lead to getting caught in a pullback
- Overall funding rates are slightly positive, indicating the mood isn't cold; the hotter it gets, the more you need confirmation
- Only take opportunities after confirmation, avoid hard entries at emotional peaks
In a nutshell:
Today, I’ll wait for a pullback and won’t chase in places that have already pumped; what’s really worth watching are those that can show a second wave of strength.