SPK today's market: A tug-of-war between bulls and bears, which side should retail investors stand on?
'There is no such thing as easy winning in the crypto market, only hunters who step in rhythm.' — Da Sheng

[Market Overview: Boiling Frog]

Today's SPK trend resembles a 'crypto salted fish' repeatedly rubbed near 0.046. The 15-minute K-line is sticky, the Bollinger Bands (BOLL) are almost twisted into a braid (upper band 0.060, middle band 0.055, lower band 0.050), MACD's red and green bars alternate flickering, and the DIF and DEA lines are 'sticking together' near the zero axis—this market has both bulls and bears waiting for the other to make a move, which has retail investors exclaiming 'constipated trading'!

Latest news:

Bad news: Federal Reserve officials hawked in the early hours, BTC led the pullback, altcoins collectively 'played dead', and SPK repeated its old habit of falling without rising.

Good news: The SPK ecosystem's wallet is about to go live (official Twitter announcement), but the market's reaction is tepid, a typical case of 'good news treated as bad news'.

On-chain data: Large addresses have net transferred out 2 million SPK in the last 24 hours, suspected cashing out; this operation is very 'crypto circle'—washing retail investors before a pump.

[Da Sheng's Emotional Record: Those Years I Got Cut by SPK]

Let me share a true story: Last week, a fan asked me, 'Da Sheng, SPK has dropped to 0.045, can I bottom fish?' I replied, 'Brother, bottom fish? The market maker for this coin is harsher than a scumbag, they won't even give you breakup compensation!' The next day, it shot up to 0.052, and the fan sent me a profit screenshot to mock me. But today? The price rolled back to 0.046, that brother is probably crying in the bathroom—crypto circle specializes in treating all forms of discontent!

Da Sheng's opinion:

  1. Short-term: 0.046-0.048 is the 'chicken rib range', breaking through 0.048 may induce FOMO (but lacks volume), dropping below 0.044 will trigger panic selling.

  2. Medium-term: Before there is substantial progress in the SPK ecosystem, it is highly likely to continue the 'paint door market' (sharp rises and falls to cut retail investors).

  3. Suggested maneuvers:

    • Spot traders: Don't exceed 5% position, buy in batches below 0.044, and sell in batches above 0.048.

    • Contract traders: High short and low long on the 15-minute level, but must have stop losses (the market makers love to spike!).

[What is your choice?]

Now the pressure is on you in front of the screen:

Choose A: Stick to SPK, believe that 'the market maker washes the plate to pull higher' (risk: you might get buried).

Choose B: Switch to BTC/ETH, stability is key (but you won't make the huge profits from altcoins).

Choose C: Shut down the exchange and go mining—after all, 'losing money in a bull market, earning coins in a bear market' is the true mystical principle!

Interactive question: Do you still hold SPK? Are you stuck or preparing to bottom fish? Share your screenshots in the comments, Da Sheng will randomly select 3 people to give away (cut-loss guide)!

Opportunities to make money have always existed, it just depends on whether you can seize this windfall; however, the premise is to learn to distinguish technical and news principles as the basis for position building. If you don't know what to distinguish, you can follow the Da Sheng homepage, where you will be taught step by step!