#IN Today's Analysis
IN belongs to the emerging sectors with relatively high recent popularity. The underlying narrative is the core direction of capital attention, with strong market speculation sentiment and significant short-term speculative value.
1️⃣ Reasons for the Rise
Capital Drive: A large influx of hot money in the short term has pushed up prices.
Market Sentiment: The narrative is booming + social media hype, retail investors' FOMO (Fear of Missing Out) sentiment is strong.
Technical Support: After breaking through key resistance levels, it triggered a large amount of follow-up buying and forced liquidation of long positions, further boosting the rise.
2️⃣ Reasons for the Rapid Decline
Profit Taking: Early low-position chips cashing out profits led to massive selling, triggering a chain reaction.
Leverage Squeeze: Long positions accumulated at high levels faced continuous liquidation during the sharp decline, accelerating the drop.
Capital Transfer: Major funds began to withdraw or shift to other hot cryptocurrencies, causing liquidity to shrink instantly.
Sentiment Reversal: Retail investors panic sell, and the sentiment shifts from "chasing gains" to "liquidation."
3️⃣ Operational Suggestions
Short-term: Wait for a stabilization in the decline or a signal of a strong rebound before deciding to follow up.
Medium-term: Pay attention to capital inflow and fundamental support, patiently wait for a new round of opportunities.
Risk Warning: This cryptocurrency has high volatility, and heavy positions are not advisable. Stop-loss must be strictly executed.
