$NEWT New Coin Launches, Can We Hold It Now?
Brothers, pay attention! The $NEWT that is hotly discussed in the crypto circle has now launched on Binance spot!
Don’t rush in; this project indeed has highlights, but it also carries risks. Take my advice:
#Newt Scenic Strength — With over $90 million in financing behind it, the investor lineup is impressive, focusing on 'verifiable automation' as a high-level narrative. The core idea is to connect multiple DeFi platforms through smart agents to achieve automatic execution of on-chain logic, which is a typical future narrative.
However, as a veteran in the crypto circle for many years, I must throw a bucket of cold water on this: now is not a good time to chase after highs.
Why?
1. High Open, Low Close is the Norm
Observing the recent trends of new coins on Binance, you will see that most of them spike on the first day and quickly drop. The NEWT contract had a wave of hype a few days ago, and the good news is basically exhausted, making it easy to catch a high position now.
2. Retail Investor Sentiment is High, and Institutions Have Already Positioned
Currently, trading sentiment is relatively high, but looking at the order book, institutional funds are more inclined towards short-term arbitrage rather than long-term positioning. Retail investors rushing in as a 'baton' can imagine the outcome.
Suggested Strategy:
For short-term, consider placing short positions at highs; it's safer to trade on the right side.
If you want to enter the spot market, it’s not too late to wait — consider building positions after prices stabilize and hype is digested.
Investment is always about observing trends, not following the crowd. Hype is not a buying signal; a cooling of emotions is the right opportunity to position!
Don’t let short-term hype cloud your judgment; the market always rewards those who remain calm and patient.
There are potential projects, but it’s not a must-buy right now.
