I say it can drop to approximately 0.0702 and then rise. This asset presents short-term investment opportunities, you should exit at a nearby point and re-enter.
加密童哥
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Where will $SPK continue to drop to?
Actually, this market can be quite 'bad' sometimes — just like SPK right now, the more you think 'it should be about to hit the bottom, let's try buying the dip', it might just want to push down one more step; conversely, when it's rising, if you keep saying 'it must be at the top, hurry up and short', it might just pull out a new high.
In simple terms, this is very similar to the human nature game in trends. It's not that we ordinary players can't operate, but those in control know too well how to grasp people's hearts — you want to buy the dip? Then let me show you a more terrifying drop first, forcing you to cut your losses; you want to escape at the top? Then I'll give you a bit of hope that 'it can still rise', leaving you empty-handed.
So I always feel that guessing where SPK will drop to at a specific point is really not that meaningful. The market's 'bottom' is never calculated, it is ground out, and only when most people can’t hold on and leave the market does it slowly reveal itself. Rather than getting tangled up in 'where will it drop to', it’s better to think more about how much volatility you can withstand, and not let emotions lead you, which may be more useful than anything else.