My personal opinion on fan token OG:
OG has risen 7 times in two weeks,
especially the 200% surge in one day,
which makes people wonder whether the bull market is coming.
This time the fan token outbreak is not just the rise of individual currencies,
but the collective surge of the entire sector, and the scale of funds is quite considerable.
Bitcoin's trend has also begun to strengthen, standing firmly at $60,000, which is crucial to the general trend. Looking back at the sector rotation from September to October, it is found that it is somewhat similar to the trend at the beginning of the year.
Since the Fed's interest rate cut on September 19, the market has gradually counterattacked, and many currencies have gradually become stronger.
The strong rotation of sectors means potential greater opportunities, just like "a spark can start a prairie fire", which may be a blockbuster at the right time. But it should be noted that not all coins will rise, and it is best to enter the market after paying attention to the breakthrough of strong currencies.
For example, OG's daily chart shows that the strong breakthrough on October 5 marked a shift in the market, from a long-term shock to a direct upward trend. This big positive line breakthrough is accompanied by volume, indicating that the main force has completed the accumulation of funds.
For retail investors, the opportunity lies in the upside after the breakthrough, focusing on the strongest currency in the sector, rather than blindly deploying other currencies.
#粉丝代币 #OG币