$HOME is a new type of decentralized financial platform, focusing on the core function of digital asset exchange. Currently, its market value is only about 90 million, with early financing of 6 million, making it a typical low market cap and highly controlled project.
This wave of increase has no obvious fundamental drivers; it is essentially leveraging the recent overall market recovery, with market makers choosing to raise prices for distribution. From the market structure perspective, the adjustment after the new coin's launch has basically been completed, and the main force has pushed prices higher to complete a round of phased distribution.
In terms of contracts, aggressive heavy positions are not recommended. This coin often exhibits spike behaviors, and contract liquidations are extremely frequent, so only light positions with low leverage can provide survival space. Most retail investors find it difficult to withstand rapid pullbacks of several points, and blindly taking heavy positions can easily lead to being washed out.
The spot has successfully reached the target price for profit-taking, and now that the operators are starting to distribute, it is not the best time to enter more positions. If there is a chance to enter later, Brother Bao will notify everyone in the group!!!
