The AI concept coins launched by some top exchanges do sound impressive, but just looking at the charts reveals—this is a classic sentiment coin. It skyrockets rapidly during rallies, and when it drops, it falls like a waterfall. Essentially, it's a fight for funds, so don't expect it to be a long-term belief.
I chose to open a short position at 0.16, with a target of 0.13. The reason is straightforward—market sentiment speaks for itself.
First, look at the sentiment. Around 0.16 is a clear emotional high point. The rise is unreasonably fast, but the trading volume can't keep up, which is a typical pump-and-dump tactic.
Next, the technicals. The hourly chart structure has already started to deteriorate. After consecutive surges without making new highs, the volume begins to stagnate. What does this indicate? The main players are already distributing at high levels, and some are dumping.
Finally, consider the overall environment. The market sentiment is weak. For high-volatility assets like AI tokens, if no new funds come in to buy, the only path is downward. There's no opportunity for a bottoming process.
If you're still debating which coin to buy now or feeling frustrated about missing out or being trapped, instead of overthinking, it's better to learn how to read the charts first.
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consensus_failure
· 1h ago
0.16 is really an attractive price, but the trading volume can't keep up, which is very telling. I'm also waiting for it to come down.
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gm_or_ngmi
· 4h ago
0.16 short position has been opened, waiting for it to break 13, the main force's fund allocation is obvious at a glance.
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PancakeFlippa
· 4h ago
0.16 short position entered beautifully, just waiting for it to crash and for the crying to start as the buyers get caught off guard haha
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BearMarketBard
· 4h ago
Damn, it's these kinds of pump-and-dump coins again, so annoying.
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NotSatoshi
· 4h ago
Hey, this market really is quite fierce. Going short at 0.16 still takes some guts.
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ProbablyNothing
· 4h ago
Wait a minute, is the trading volume not keeping up? Isn't this the standard for market manipulation? I've seen it coming a long time ago.
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Opening a short at 0.16 is indeed aggressive, but I still think it will rebound a bit before crashing. What about you?
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Honestly, I don't touch this kind of coin at all, it's too hot to handle.
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I've seen this trick of pumping up to lure more than a hundred times, and every time someone falls for it. I'm really fed up.
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The main force distributing tokens is correct, but the problem is who can accurately catch the bottom? In the end, you'll still get hammered.
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When the price stagnates, you should run. There's nothing wrong with this logic, it's just that too few people follow through.
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After reading so many analyses, I still think the most reliable thing is to admit defeat and cut losses, don't wait for a reversal.
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The fate of emotional coins is like this: today's king is tomorrow's trash, there's nothing more to say.
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I'm a bit curious, when will this coin stabilize? The current volatility is really extreme.
The AI concept coins launched by some top exchanges do sound impressive, but just looking at the charts reveals—this is a classic sentiment coin. It skyrockets rapidly during rallies, and when it drops, it falls like a waterfall. Essentially, it's a fight for funds, so don't expect it to be a long-term belief.
I chose to open a short position at 0.16, with a target of 0.13. The reason is straightforward—market sentiment speaks for itself.
First, look at the sentiment. Around 0.16 is a clear emotional high point. The rise is unreasonably fast, but the trading volume can't keep up, which is a typical pump-and-dump tactic.
Next, the technicals. The hourly chart structure has already started to deteriorate. After consecutive surges without making new highs, the volume begins to stagnate. What does this indicate? The main players are already distributing at high levels, and some are dumping.
Finally, consider the overall environment. The market sentiment is weak. For high-volatility assets like AI tokens, if no new funds come in to buy, the only path is downward. There's no opportunity for a bottoming process.
If you're still debating which coin to buy now or feeling frustrated about missing out or being trapped, instead of overthinking, it's better to learn how to read the charts first.