The coin $IP was previously recommended to buy around 2.9, and it has already doubled in profit. The polarization of altcoins in this market is becoming more and more obvious. Strong altcoins either stabilize in a sideways trend or continue to rise, while weak altcoins have already fallen back. It’s time for this wave of market to start, so the importance of selecting B is clear; even if you have small capital, choosing B incorrectly will still be useless, and the same applies to large capital.
The IP I previously recommended to everyone has shown a significantly stronger trend recently compared to many altcoins. Why is it considered strong? Because every time it rises, although there is a pullback, it’s not the kind of slow and steady decline; instead, it quickly stops falling and can rebound, indicating that there is capital behind it supporting the price, and the holdings are relatively stable.
During the recent period when many altcoins collectively fell, IP did experience a drop, but it wasn’t a rapid decline; instead, it quickly rebounded right after breaking the low point. This kind of reaction speed basically shows that this coin is controlled by a 'strong player', managing the rhythm very well.
Additionally, the team behind IP has recently news of financing – they secured 15 million USD led by a16z. This further indicates that the project is not just a small operation, but has substantial capital backing it.
From a short-term perspective, the 4-hour chart currently shows a 'slow upward trend with small pullbacks', which is actually a common manifestation of strong coins. Selecting the right coin is more important than anything else; following our strategy should be fine.