SPK Today's Market: After the Plunge, Is It a Bottom-Buying Opportunity or a Abyss?
"In the crypto world, one day equals a year in the human world—SPK's roller coaster from 0.069 to 0.056 today has turned bulls into 'Zen Holders'!"
1. Market Review: Shock at 17:10
Today SPK staged a "High Dive", with a large bearish candlestick at 17:10 directly breaking through the key level of 0.057, dipping to a low of 0.0562, plummeting 18% within 20 minutes. According to order data, there is a sell wall of 60M level orders piled up above 0.057, while buy orders near 0.056 are noticeably weak.
2. Key Data Correction
Corrected Previous High 0.069 → Actual Highest 0.0695 (17:00)
Corrected Trading Volume: During the plunge, the trading volume was 40M, three times the usual.
Commission ratio changed from +0.18% to -2.3%, indicating capital outflow.
3. New Observations on Bull-Bear Game
1. Main Force Movement: At 17:20, five consecutive large orders of 20M appeared.
2. Pin Feature: The pin at 0.0562 only stayed for 3 seconds, suspected of programmed stop-loss.
3. Latest Dynamics: At 18:00, a 15M buy order appeared for testing, but was immediately suppressed by a 20M sell order.
4. Simplified Operation Suggestions
Short Term: 0.0565-0.0575 box operation, stop-loss at 0.0558.
Spot: Waiting for stability signals in the 0.054-0.055 support zone.
Risk Point: Be aware that another plunge period may occur from 17:00-18:00.
"Is this precise dumping a washout or unloading? Pay attention to tonight's large transfers on-chain at 20:30 in the fan group, do you think 0.056 can hold?"
I am the Great Sage, trust the institutions, take a walk in paradise; trust the Great Sage, let wealth roll in the grave. If you want to know the latest news or consultations and do not know what an effective breakout point is, you can follow me. The Great Sage will guide you on the journey without getting lost! If I fail to do so, you are welcome to wake me up in the comments!
