Opportunities and Risks Behind TRB's 72% Surge: Bottom Fishing or Handing Over? Key Points Analysis
TRB's price has recently experienced extreme volatility, surging 72% on May 28, but with $5.56 million liquidated within 4 hours, there is significant market divergence. The short-term risks are extremely high, but there may be potential for technological breakthroughs in the long term, requiring rational assessment.
Key Realities:
1. Extreme Volatility: TRB once plummeted from $593 to $209, dropped to $31.99 on May 27, and soared to $55 on the 28th, with a 24-hour trading volume of $172 million, posing extreme risks for retail investors.
2. Long and Short Battle: MACD golden cross but RSI is overbought, with only 78% of long-term holders; selling pressure could erupt at any time.
3. Policy Risks: Uncertainty in regulation between China and the U.S. (such as SEC policies, domestic frozen accounts) may suddenly turn negative.
Future Trends:
- Technological Breakthrough: The TellorLayer plan aims to upgrade TRB to an L1 chain native token; if successful, it could triple in value, but landing risks must be monitored.
- Competitive Landscape: The oracle market has vast potential (DeFi scale of $2 trillion), but competitors like Chainlink (market cap of $8 billion) are strong, and TRB needs to break through technologically.
- Three Major Risks: Security vulnerabilities (e.g., Cetus was hacked for $220 million), insufficient liquidity (market cap only $54.49 million), and community governance conflicts (team allocates 4,000 tokens monthly causing controversy).
Investment Advice:
- Three Types of People Should Be Cautious: Short-term speculators (volatility exceeding 30% of Bitcoin), low-risk tolerators (potential for halving), and technical novices (high entry barriers for oracles).
- Strategy: Test with a position within 5%, set a 20% stop-loss, monitor TellorLayer developments in July, and stay away from leverage.
Conclusion: TRB is a high-risk, high-reward gamble; if successful technologically, it could become the 'next Chainlink', but failure could lead to zero. Weigh your own risk preference before making a decision. #TRB