Why can't AUCTION rise to 43 right now, and why can't it drop?
This coin has been pumped since February 21, and as of today, it has increased fourfold over the course of a month, mainly thanks to strong buying from South Korea. Currently, it is in a high position, preparing for a double explosion of long and short positions, which is very similar to BNX from a month ago!
1. Currently, observing the main force data, this coin is in a trap for short positions, but the ultimate goal is a double explosion of long and short positions! Because the main force had hidden a large number of long positions in the past two days, it has currently created the characteristics of a false top from the K-line pattern; both retail investors and large holders have opened short positions.
2. AUCTION is derived from BOT at a ratio of 1:100; in front of it, those coins that have been upgrading their projects and changing their names in the past two years are all 'little brothers'. Their market-making and operation teams are very good at leveraging trends; this project originally belonged to the Polkadot ecosystem and later switched to BSC, remaining silent for several years and occasionally pumping during bear markets to attract funding flows for harvesting.
3. Recently, the BSC ecosystem has become hot again, and it is making a move: strongly leveraging the RWA concept - tokenization of real-world artworks. Physical auction of Yayoi Kusama's artwork "Pumpkin" (1998), which will be exhibited in Seoul, South Korea, in mid-April.
4. The reason it can't rise is that outdated projects without content support are no longer being bought, except for the initial long positions and the project's own spot buy orders, which are no longer able to move.
5. The reason it can't drop is that both large holders and retail investors are shorting, and the project party has the means to support the bottom; their means are specifically targeting the shorting crowd.
6. Currently, the coin price is hovering around 40, which is to take advantage of the heat of the Korean exhibition and BSC marketing to attract more funds, aiming for a double explosion of long and short positions. A project with a market value of 290 million has a daily trading volume of over a billion dollars, a typical old hen laying golden eggs.
7. The suggestion is to take profits in a timely manner; otherwise, by the time you share your orders, the opportunity might be gone; for those who haven't entered the market, it is advised to give up on changing labels.
The above content is heartfelt advice from years of industry experience and several days of token data tracking.
#加密市场反弹 #加密市场下跌 #加密市场盘整 $AUCTION
Exclusive analysis of the top 100 cryptocurrencies (12) AUCTION
This coin has been pumped since February 21, and as of today, it has increased fourfold over the course of a month, mainly thanks to strong buying from South Korea. Currently, it is in a high position, preparing for a double explosion of long and short positions, which is very similar to BNX from a month ago!
1. Currently, observing the main force data, this coin is in a trap for short positions, but the ultimate goal is a double explosion of long and short positions! Because the main force had hidden a large number of long positions in the past two days, it has currently created the characteristics of a false top from the K-line pattern; both retail investors and large holders have opened short positions.
2. AUCTION is derived from BOT at a ratio of 1:100; in front of it, those coins that have been upgrading their projects and changing their names in the past two years are all 'little brothers'. Their market-making and operation teams are very good at leveraging trends; this project originally belonged to the Polkadot ecosystem and later switched to BSC, remaining silent for several years and occasionally pumping during bear markets to attract funding flows for harvesting.
3. Recently, the BSC ecosystem has become hot again, and it is making a move: strongly leveraging the RWA concept - tokenization of real-world artworks. Physical auction of Yayoi Kusama's artwork "Pumpkin" (1998), which will be exhibited in Seoul, South Korea, in mid-April.
4. The reason it can't rise is that outdated projects without content support are no longer being bought, except for the initial long positions and the project's own spot buy orders, which are no longer able to move.
5. The reason it can't drop is that both large holders and retail investors are shorting, and the project party has the means to support the bottom; their means are specifically targeting the shorting crowd.
6. Currently, the coin price is hovering around 40, which is to take advantage of the heat of the Korean exhibition and BSC marketing to attract more funds, aiming for a double explosion of long and short positions. A project with a market value of 290 million has a daily trading volume of over a billion dollars, a typical old hen laying golden eggs.
7. The suggestion is to take profits in a timely manner; otherwise, by the time you share your orders, the opportunity might be gone; for those who haven't entered the market, it is advised to give up on changing labels.
The above content is heartfelt advice from years of industry experience and several days of token data tracking.
#加密市场反弹 #加密市场下跌 #加密市场盘整 $AUCTION
Exclusive analysis of the top 100 cryptocurrencies (12) AUCTION
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
AUCTION
12.3
+7.42%
