1. Market Performance: Short-term feels like a roller coaster, long-term just starting but unstable.

  1. Hourly: After a surge, it hurts to drop, need to take a break.
    RVN suddenly surged to $0.0278 in the last hour, but couldn't hold it, like being pushed off a building, it fell to around $0.0168, leaving a long upper shadow (the 'hair strand' in candlestick charts), indicating many sellers above, short-term rise is unlikely. The current price is too far from the moving average, like running too fast and getting a cramp; it needs to squat down and catch its breath, likely to retest around $0.0155 (like a resting platform halfway up the mountain).

    • Indicator reminder: The red bars of the MACD are getting shorter, like releasing the gas on a car; RSI has dropped from 94's 'exhausted state' to 74, though not fully recovered, at least it’s not gasping as much, the short-term pullback pressure is real.

  2. Daily: Just broke through the consolidation zone, bulls want to exert force but need to watch for momentum.
    Daily: Small decline yesterday, big surge today, broke through the previous consolidation range, moving averages are starting to turn upwards, especially holding above the long-term moving average (EMA120), it feels like 'finally leaving the newbie village to fight big bosses'. But the place just broken through might be a trap set by the main force (false breakout), need to see if it can truly hold above $0.017, otherwise it could easily fall back.

    • Positive boost: The volume has increased indicating real capital pushing it up, not fake, there may be potential in the mid to long term.

2. Benefits and Risks: The launch in Korea is both honey and poison.

  1. Korea Upbit launch: Opens up a major market, but the positive news might be manipulated.
    Korea's largest exchange, Upbit, listing RVN is like opening a store in a bustling commercial street, increasing foot traffic which could improve business (increased liquidity and exposure), it's a good thing in the long run. But the main force may have preemptively hyped this news, raising prices first, waiting for retail investors to jump in, and secretly selling off (selling at a high), especially on the day the news is officially announced, it’s easy to 'die in the spotlight'; retail investors should not become the bag holders.

  2. Hidden risks: High volatility, easy to be manipulated.

    • Common issue with small coins: RVN has a small market cap, easy to be manipulated by large players, a 20% rise or a 15% drop in one day is normal, those with weak hearts should avoid heavy positions;

    • Hashrate roller coaster: When hashrate increases, prices may rise temporarily, but miners come and go, when hashrate changes, prices follow, don’t mistake short-term fluctuations for long-term trends;

    • Platform risk: If Upbit has bugs after the listing (like not being able to withdraw coins), prices may plummet, must keep an eye on exchange announcements.

3. Operation Advice: Don't chase highs in the short term, buy in batches for the long term, staying alive is most important.

  1. Short-term players: Wait for a pullback to pick up bargains, then run after making a profit.

    • Buying point: Wait for prices to drop to around $0.0155 (similar to a discount), buy a little to test, target price $0.02, set stop loss at $0.0144 (sell if it breaks below, don’t hold on stubbornly);

    • Taboo: Just dropped, don’t rush in when it rises a little, easy to get stuck halfway up the mountain, becoming 'chives' for the main force.

  2. Long-term players: Confirm it has stabilized before entering, don’t go all in.

    • Entry signal: Wait for prices to firmly stay above $0.017 (not dropping below for 3 consecutive days), then buy in batches, for example, first buy 30% of the position, add more if it rises, total position should not exceed 10% of your funds, keep some cash to guard against a crash;

    • Take profit and stop loss: Target price $0.022, but if it rises to $0.02 and can't move further, sell half first, keep the rest to see how it goes; if it drops below $0.015, decisively liquidate, indicating the trend has worsened.

  3. Life-saving rule

    • Always set a stop loss: For example, if you buy for 10,000, sell if you lose 500, don’t think 'I'll wait for it to come back', you might end up losing more;

    • Invest with spare money: Don’t borrow, don’t use money meant for buying a house, getting rich overnight in crypto is a myth, losing everything overnight is reality;

    • Don’t trust rumors: The main force will spend money to hire 'shills' to shout in groups, saying 'it will surge soon', but they're actually tricking you to buy in while they secretly sell off.

Summary: Three sentences to clarify the situation.

  1. Short-term: After a surge, there should be a pullback; $0.0155 is key, run if it breaks below, don't chase if it goes up;

  2. Long-term: Positive support trends upward, but must hold above $0.017, buy in batches, don’t gamble everything;

  3. Core: RVN is a high-risk asset, suitable for those willing to take risks, beginners should observe, if you must invest, put in a small amount and set stop losses!

Successfully recouped, account doubled. Keep close during rainy days, position in advance, and enjoy the big gains!!!

Keep an eye on: LPT RPL TRB

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