SPK surged 90% before plummeting 25%, should you buy the dip or run for your life?
SPK skyrocketed 250% in three days, setting a new historical high, but just one day later it crashed 25%, now reported around $0.111.
On-chain whales are rapidly taking profits, with a net outflow exceeding $4.53 million in a single day, and selling pressure on exchanges has surged;
The futures funding rate remains negative, with a strong bearish sentiment in the market, and short-term risks are high.
For those still holding, set a stop-loss at 3% below, and if it breaks the key support at 0.11, clear immediately.
SPK's situation is quite awkward right now, with staking unlocks below and the need for capital to push it up. As retail investors, as long as we don't catch falling knives and don't hold positions, we're already doing well.
For those still on the sidelines, follow me, and I'll quietly share detailed operations with you, will you seize this opportunity for wealth?
