#spk surged 400% in a week, the attention is very high, retail investors like to chase, and they will ask me if it's still a good time to enter. Can I short?
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This coin was pushed at the bottom.
Actually, I mentioned yesterday during the live stream that the funds in the hands of the market maker could initially push it to around 0.16.
With recent market participation, it has gone up to 0.2.
Of course, the spot market is the main driver for the rise.
Currently, it seems that if a pullback candle appears, this candle is mainly the behavior of contract holders trying to exit at the peak.
The outflow of the spot market is not much,
so it's hard to chase.
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Moreover, the self-financing is still relatively low, and we are still bullish at the moment.
Now we should pay attention, mainly to 0.11731 and 0.0964, and the rebound situations of these two or three levels.
If there is a rebound, it’s a good time to go long.
If the rebound is very weak, for instance, if it can't reach the middle track,
then it may indicate that the main force has no intention to continue pushing up.
Currently, I think the market maker will continue to operate this coin.
