The #SKL is about to explode the air force, and if you don't know how to operate, come and see the champion brother analyze it for you!!!
Today's SKL surge is worth analyzing, driven by factors such as capital and market sentiment, but also carries risks.
Ethereum broke through 4700 USD, with capital flowing into the Layer2 track. SKL, with its "dynamic scaling + zero gas fee" characteristics, has been included in the crypto trust alternative pool by institutions like Grayscale, raising market expectations for it to become an ETF target, prompting capital to rush in and pushing prices up.
SKALE Network's on-chain data has surged, with 21 new DApps added in a single day, a month-on-month increase of 40%; the number of on-chain transactions has exceeded 12 million. Quantitative funds have bought heavily based on trend-following strategies, driving up prices.
Market risk appetite is rising, with mainstream altcoins rising over 10%. The circulating market value of SKL is only 320 million USD, making it a "small but beautiful" target, becoming the first choice for speculative capital to drive up prices, with the highest intraday increase reaching 63%.
Although SKL's ecological data has grown, its TVL is only 170 million USD, far below competitors, and the technical adoption rate has not formed a scale effect, with the surge relying on sentiment and lacking substantial demand support.
On-chain data shows that the top 10 addresses hold 42% of circulating tokens, with 3 addresses placing sell orders exceeding 80 million tokens around 0.092 USD, which could easily trigger a "pump and dump".
The 4-hour RSI skyrocketed to 89, far exceeding the overbought threshold of 70; prices deviated from the EMA7 moving average by more than 18%, and historically similar positions have seen pullbacks of over 30%.
Operation suggestion: You can go long at the current price, targeting around 0.65, with a stop-loss set around 0.38!
#BTC再创新高 #以太坊创历史新高倒计时 #主流币轮动上涨
Later, I will lay out a single strategy in the internal luxury group, when to enter, when to run? How to catch strong coins? How much to set for take-profit? The champion will inform fans in the luxury group as soon as possible, just follow my ideas and execute what I say, and you will definitely profit!