Without strong support, $ALPINE rose against the trend. Is it an opportunity or a trap?
Personally, I think the ALPINE token itself is fine, with application scenarios and community support, but shorting in the short term seems more reasonable.
On one hand, the rise and fall of fan tokens depend entirely on the popularity of sports events or official activities. Currently, there are no major news stimuli, and funding attention is low, so prices naturally tend to fall.
On the other hand, it is less liquid than major currencies, with funds concentrated in the hands of a few. Once no one is willing to buy, the downward pressure increases. Moreover, now funds are flowing towards major currencies like Bitcoin and Ethereum, making it easy for small coins like ALPINE to have their funds pulled away, with no one to support the price.
Recently, although ALPINEU has risen against the trend, it has risen without volume and purely relies on sentiment, lacking substantial positive news. From a technical perspective, it has already reached the previous resistance level, showing signs of a short-term pullback, coupled with the overall weak market, making such a counter-trend rise difficult to sustain.
Thus, shorting in the short term has a higher win rate, but don't be greedy. Control your position well and set stop losses to guard against sudden surges.
When to enter and when to exit? How to catch strong coins? How much to set for profit taking? Thirteen Auntie will inform fans on Luxury Skirt in real-time; as long as you follow my thought process and execute what I say, you will definitely profit! #加密市场回调 #主流币轮动上涨