$IO $TUT Follow up on io and tut.
Tut completely exited the 48-hour bottom position after a big upward movement, and I'm not very optimistic about it moving forward.
Io has slowly ground from 0.8 to 1.05. Although the 48-hour bottom position is still there, there hasn't been any significant buying action at smaller levels; most of the time, it has been driven by natural buying pressure from the market strengthening alongside flat positions. The main force has not shown any significant buying action. Those who didn't enter around 0.8 should not chase it now near 1.05; without the main force buying, the price performance ratio is very low. It’s better to wait for the main force to break through with buying before looking for opportunities on the right side.