ULTI Today's Battle Countdown: How Can Retail Investors Snatch Opportunities?
The most dangerous traps in the cryptocurrency world often hide in seemingly calm sideways markets.
This statement could not be more fitting for today's ULTI market. This altcoin, referred to as the "Monster Coin Training Camp," is once again staging a textbook-level battle between bulls and bears. Let’s use the seasoned investors' X-ray vision to dissect its inner workings.
From a market perspective, the five-minute candlestick has already depicted the standard signs of major players controlling the market. The two attempts to break through 0.00326 this morning were nothing short of classic— the first attempt with a volume of 118K was precisely thwarted by a 7.2% sell order, and the second attempt, with a reduced volume of 76K, resulted in a false breakout that directly triggered stop-loss orders.
Currently, the price seems to be grilled by three moving averages, and the trading volume has plummeted from a morning peak of 197K to a mere 33.8K, especially that 0.41K candlestick, revealing the main players withdrawing orders at critical price levels.
On the news front, three time bombs exploded today:
1. The South Korean compliant exchange Bithumb suddenly removed ULTI from the innovation zone, causing a 28% drop in buying activity in the Asia-Pacific region.
2. The project's founder's wallet transferred 1.87 million tokens to Binance in the early morning, with on-chain markings indicating this is the second batch of pledged tokens being unlocked.
3. A certain Wall Street quantitative fund was reported to have extracted 17.3 BTC from the ULTI market through cross-exchange arbitrage within three days.
And finally, here’s a bombshell: According to internal channels, the Telegram group live broadcast at 21:45 tonight is not from ordinary large holders, but rather from the core team’s disguised accounts.
They hold unlocked tokens valued at 197.5 BTC, and if these tokens are dumped, the current price could easily fall below strong support.
Conversely, if these people suddenly announce token destruction, the market could also spike unexpectedly—this Schrödinger's cat-style trading is the most thrilling gamble in the cryptocurrency world.
There are 3 hours and 52 minutes left until the market changes. Will you choose to turn off your computer for safety, or set your alarm and prepare to test your speed?
Remember, in this battlefield of cryptocurrencies, the ones who survive are never the bravest, but those who know how to find cover.
Blindly going solo will never bring opportunities. Follow me for insights into tenfold potential coins! Top-tier first-hand resources!
