《Crazy! Binance's price skyrocketed today, who can hold this market?》
Today's market performance can be described as insane, with an opening price of 0.02607, followed by a surge in price, peaking at 0.05409, and finally closing at 0.04870. The price change was 86.80%, with an amplitude of 107.90%, which is exceptionally volatile.
Looking back at the previous trends, the price lingered at a low level before June 12, dropping to as low as 0.02368, with the market showing lackluster performance. However, starting from June 12, there were signs of a price increase, and today there was a vertical rise with a large bullish candle.
This kind of surge indeed attracts attention in the short term and brings abundant profit opportunities. But the risks are equally huge; a rapid rise is often accompanied by a sharp fall. Investors must not be blinded by short-term profits and blindly chase higher prices. It is essential to calmly analyze the market, reasonably control positions, and set stop-loss and take-profit orders to protect one's capital in the ever-changing financial market.
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