Observing the market recently, I found that the main types of spot that took off are as follows:
1. Altcoins that follow the trend of Bitcoin. When Bitcoin rebounds after a decline, these following altcoins can rebound by at least 20%.
2. Small-cap currencies, especially those that have spot but no contracts on Binance. Once these currencies are listed on contracts, they can often bring a 30% increase. For example, today's #BSW, after the contract was listed, a large positive line was directly drawn.
3. The effect of listing on the UP platform. Everyone should know this. Lao Han's market influence is indeed very strong. Once a currency is listed on UP, it often directly explodes by 40%. For example, today's #BIGTIME, after the UP was listed, a large positive line was directly drawn.
These are some of Brother Cai's recent observations of the market. Do you think it makes sense?
