Recently, small-cap altcoins on Binance have been experiencing violent surges in rotation, with daily increases exceeding 50% every day, and some even surpassing 100%.
How to seize these altcoins, here are a few ideas for your reference, the key is at the end:
1. Add altcoins with a market cap below $20M on Binance to your key observation list (Note: These altcoins need to have both contract and spot trading pairs).
2. Select a few key coins to focus on, pay attention to their contract positions. Generally, when contract positions are increasing and prices are slightly rising, it indicates that the main players are starting to act, and prices will not surge immediately.
3. Use the 'cryptocurrency funding flow data statistics' tool to continuously monitor the inflow and outflow of funds. As long as there is a sustained large inflow of funds + small outflow, prices will continue to rise. When the outflow of funds in the 15M-1H timeframe reaches 15% of the cumulative 1D inflow, begin to take profits in batches.
5. Continue to monitor the funding rate situation (including Binance's changes to funding rate settlement times and whether the rate reaches a fixed value). Generally, coins that experience sustained surges, such as $VOXEL, will maintain a negative funding rate for a while; using it in conjunction with 'cryptocurrency funding flow data statistics' will be more accurate.
Below are the altcoins I have selected that can be focused on, for your reference. Note: Altcoins listed in Binance's observation area have greater price volatility and are at risk of being delisted at any time.
#BSW #FIO #CHESS $FLM #LEVER $NKN $HIFI $QUICK $TUT $REI $BMT #GHST $MBOX $RDNT $PHB