The trend of $BANANAS31 feels very similar to $WCT , both experiencing a crazy surge and a massive liquidation at high positions, followed by a significant volume drop. From the data, it appears that the previously fleeing bulls are slowly returning, and the holdings of cryptocurrencies at the 48h level have also come back. Additionally, from the candlestick chart, it can be observed that occasionally there are strong downward spikes followed by a clear recovery, indicating that there may be new main forces supporting the market. It is estimated that some floating capital that was trapped during the last round of selling by the old institutions is now trying to break free. For this type of currency, it's best not to go long too much; be cautious of a follow-up similar to $WCT , as another liquidation may occur.
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