Crypto飞哥
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Teach everyone a method to determine whether the market maker of a altcoin has run away.
Open the candlestick chart and switch to the monthly level. The first point is that the price surge from November to December 2024 exceeds the height of March 2024. The second point is that the downward spike low on February 3, 2025, has not fallen below the low of August 5, 2024.
If both points are met, it indicates that the market maker of this altcoin is likely still present and is engaging in protective measures.
For example, the monthly charts of these two altcoins that I screenshot below represent the standard trend mentioned in the article. For such coins, I'm not worried about them not rising when the market comes; a surge is just a matter of time.
However, for those coins that fell below the low of August 5, 2024, after the downward spike on February 3, 2025, one should be cautious. If they continue to test lower levels and even fall below the low of February 3, this type of coin should not be touched at all, as there is a high chance that the market maker has already abandoned it or has been trapped themselves.
Open the candlestick chart and switch to the monthly level. The first point is that the price surge from November to December 2024 exceeds the height of March 2024. The second point is that the downward spike low on February 3, 2025, has not fallen below the low of August 5, 2024.
If both points are met, it indicates that the market maker of this altcoin is likely still present and is engaging in protective measures.
For example, the monthly charts of these two altcoins that I screenshot below represent the standard trend mentioned in the article. For such coins, I'm not worried about them not rising when the market comes; a surge is just a matter of time.
However, for those coins that fell below the low of August 5, 2024, after the downward spike on February 3, 2025, one should be cautious. If they continue to test lower levels and even fall below the low of February 3, this type of coin should not be touched at all, as there is a high chance that the market maker has already abandoned it or has been trapped themselves.
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