MASK coin closed at $3.34, down 5.65% from the previous day, with a market capitalization of approximately $37.575 million. The market felt like it was doused with cold water — just at the end of May, it celebrated a surge due to the acquisition of Orb.club, with a 24-hour increase of 31.08%. Investors chasing the rise were gleaming with excitement, and the action of whales increasing their holdings by nearly a quarter within a week made the market sense the scent of 'meme coins' taking off. But at the beginning of June, the market correction was like a cold wind, extinguishing the short-term enthusiasm, and many people began to feel anxious as they watched the price fall from its peak: is this dip a buying opportunity or the start of a decline?
The frenzy during the rise is not without reason. When Mask Network announced acquiring Orb.club with 50,000 monthly active users, it seemed to drop an important piece on the Web3 social landscape, and investors immediately thought of the imagined space after the formation of the 'social graph'. The news of institutions increasing their positions by 16% added fuel to the confidence. At that time, the market firmly believed that the tailwind of SocialFi's explosion could send MASK soaring, as no one wants to miss out on the $12.5 billion market pie. But the clouds of regulation always loom overhead — the classification regulation of the US SEC is like the unresolved sword of Damocles, and the vague timeline of South Korean crypto taxes has left funds in a state of panic. Coupled with profit-taking after a short-term overbought, the tension of the tug-of-war between bulls and bears is almost palpable from the K line chart.
The current market looks like a psychological battle: at the support level of $3.3, buyers are eager to get in, while stop-loss participants are watching the screen with racing hearts. Technical indicators are also sending conflicting signals — KDJ entering the oversold zone seems to be shouting 'enough with the drop', yet the lengthening green bars on MACD remind us that the bears are still active. Every K line that follows pulls on the nerves: will the policy in South Korea in June be a boon or a bane? Can Orb.club users reach 100,000? These questions leave the market in a dilemma.
In the medium term, optimists still hold on to their chips — if Orb.club can indeed drive the ecological explosion and catch the fast train of the 'altcoin season' in 2025, $5 might just be a small target, after all, the myth of UNI is still etched in the memories of veteran investors. But pessimists are not taking it lightly either: technological breakthroughs from competitors and tightening regulatory details could turn hope into disappointment at any moment, just like the fall of the former BAT tokens, constantly warning of the risks of failed transformations.
The sentiment among holders is probably divided into two factions: short-term traders are making trades in the $3.3-$3.6 range, with each fluctuation accompanied by a spike in adrenaline, setting a stop-loss line at $2.9, fearing being caught in a deep loss if they’re not careful; long-term investors are eyeing the golden pit at $2.8-$3.2, thinking of building positions in batches, but also worrying about being too heavily invested and swayed by market sentiment. Everyone understands that in the crypto market, greed and fear are always in a tug-of-war, and the only thing to do is to maintain cautious expectations, keep an eye on policy trends and ecological data, remind oneself to stay calm when excited, and to be rational when panicking.
After all, the market for MASK coins is like a roller coaster of emotions: the excitement in May was as intense as the painful adjustment in June. But the story of Web3 social continues, institutional holdings are still increasing, and the blueprint for the token economic model is unfolding. The market is never short of stories; what it lacks is the ability to fulfill them — when investors are filled with expectations for the next breakout point, they also have to sweat, worried that regulatory actions may come at any time. This is probably the charm of the crypto market: swaying between excitement and anxiety, moving forward between hope and risk, each rise and fall is a projection of emotions, as well as a test of the project's real value.
Are you stuck? When to buy the dip? As always, if you're confused and helpless, just follow me. I need fans and you need references; guessing is not as good as following!
$MASK #马斯克宣布离开特朗普政府
