Sign's trend looks good. It oscillated for a long time initially, with low-level chips mostly accumulated at the bottom. The fact that top holders control over 90% of positions indicates high market control. This coin has already risen for quite a while with prices not declining and relatively large open interest, so it's highly likely to continue its upward trajectory. Low-level retail traders probably built quite a few long positions. If the funding rate turns negative when pulling capital, you can make money from the funding rate itself. The probability of liquidating longs in the short term is very low, and the crash probability is also relatively low—if it were to crash, it would have already done so long ago.



In terms of technical structure, the daily chart is tentatively judged as an ascending wedge, with smaller timeframes currently in a pullback phase. The lower support line is about to be touched below. So you can enter long positions around the current price of 0.052, with planned add-ons at around 0.05. If it breaks below 0.048-0.049, set a stop loss decisively. Once it rises again, the target is at least above 0.07. The risk-reward ratio is quite favorable, so you can gamble on the second wave of gains. #加密市场回涨 #BTC突破71000美元
SIGN-4,69%
BTC3,96%
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