Newbies watch the gainers list, veterans analyze the chip structure table
Have you ever checked the gainers list? Most newbies open CoinMarketCap or exchanges daily to look at the coins that have increased the most in the last 24 hours, fantasizing that 'maybe the next round will double again.'
But veterans don’t look at the gainers list; they study the chip structure table.
Why?
Because the gainers list represents past consensus, while the chip structure represents future selling pressure.
Veterans look at:
Are the top 10 addresses concentrated? Is there a lock-up period?
Are the airdrop tokens about to be released? Have they already been fully distributed?
Is the whale still controlling the market? Or have they already started unloading?
What newbies see as 'rising' is bait, while what veterans see as 'structure' is the truth.
For example, if a coin has risen by 300%, newbies rush in wanting to chase it;
But veterans see that the top 5 addresses hold 80%, and that the addresses are frequently splitting and transferring in batches—immediately avoiding it.
The chip structure is the project's innards; it reveals:
Who can decide the coin price;
Who is already retreating;
Whether retail investors still have room for speculating.
The more a coin rises, the greater the risk; the more dispersed a coin is, the lower the safety.
Real opportunities lie in projects that haven't entered the gainers list yet but have stable chips.
