#山寨季何时到来? #BugsbunnyToken Analysis
Busbunny's opinion: Until February 2025, there is no need to worry about MANTA having too high selling pressure. When the entire crypto market is weak, change the strategy and cooperate with the selling pressure to stabilize the cost. From the K-line, except for a few sudden events (BTC ETF and Japanese debt crisis), the liquidity is relatively abundant at other times. It can be seen here that MM still attaches importance to MANTA and is a top student among VC coins.
Now FDV is only twice the last round of financing. 0.5-0.6U is the institutional cost of MANTA, that is, the future liquidity concentration area. If it moves to this range in the future, it will be an opportunity to be the same price as VC.
Now the distance to the bottom range is very limited. From the short-term trend, 0.9U is the short-term liquidity position. If it falls back and does not break, it will go strong.
Each price range marked in the figure is a resistance level, mainly 1.55 dollars and 2.7 dollars. $MANTA