2026-01-10 04:28:47

BIFI has experienced a spectacular rally over the past 24 hours—gaining 103.78%, with trading volume soaring to $52.8 million. The increase in trading volume is particularly remarkable, with a month-over-month surge of 1601%. This abnormal trading activity reflects a genuine surge in market enthusiasm for this token.

From a technical perspective, the current situation is quite encouraging. The price has already broken above the 7-day, 25-day, and 99-day exponential moving averages, and the MACD is hovering above the signal line, indicating potential upward momentum. Behind this rally, not only is there technical resonance, but it is also driven by updates to Beefy’s multi-chain yield products and a recovery in overall DeFi ecosystem liquidity.

However, the risks must also be acknowledged. The Relative Strength Index (RSI) has soared to 98.02, which is already in the extreme overbought territory. Coupled with the upper Bollinger Band being touched, it’s not hard to infer that a correction could occur at any time. The ATR and standard deviation indicators are both high, indicating increased market volatility, and the MACD histogram turning negative suggests that the previous upward momentum may be waning.

Another issue worth noting is the highly uneven distribution of BIFI’s supply. 94% of the tokens are concentrated in just 59 wallets, meaning that a few large transfers could trigger market turbulence. In other words, the actions of large holders could become pivotal turning points for the market.

BIFIF2,08%

ATR-1,2%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

5 Likes

Reward
5
5
Repost
Share

Comment

0/400

YieldWhisperer

· 10h ago

103.78% one-day increase? This pace doesn't seem right, 94% of the coins are in 59 wallets... waiting to be dumped, I bet five dollars that the price will plunge next.

View OriginalReply0

BankruptWorker

· 01-10 04:55

Over 100% increase in just one day, doubling in value—how crazy is that... But I still don't trust it, I always feel like it's going to crash. Wait, 94% of the coins are in 59 wallets? That's basically a time bomb, once the big players start dumping, the game is over. The overbought condition is so serious, the Bollinger Bands are even broken, and the MACD is about to turn around... For retail investors like us, buying in at this point is just stupid. With such a sharp increase, trading volume surging by 1600%, what does that mean? It means they're offloading, but I really can't figure this out. It looks like big institutions are pushing the price up and accumulating, while the rest are just chives following along. Does anyone really think Beefy can rise this much just from an update? Wake up, guys. In this market, I only want to watch the wallet addresses of the big players. If they move a finger, we're doomed.

View OriginalReply0

AlwaysMissingTops

· 01-10 04:36

A 103% increase sounds great, but 94% of the coins are in 59 wallets... Isn't this just waiting for a dump? --- RSI has soared to 98, and you're still talking about upward momentum? Wake up, buddy. --- Trading volume surged by 1601%, yet 94% of the coins are held by big players. I wonder who is pushing up the price. --- The upper Bollinger Band has been touched, and you're not running? This wave is probably just waiting for a dump. --- DeFi ecosystem warming up? To me, it looks like they're just boosting the market for the whales. --- MACD bars have turned negative, and some are still shouting buy? --- Really, this highly concentrated supply pattern is a ticking time bomb. --- The more dramatic the increase, the more I get scared. The distribution pattern clearly shows big players are manipulating.

View OriginalReply0

CafeMinor

· 01-10 04:35

A 103% increase sounds great, but 94% is in 59 wallets? How small must the market be? --- What is RSI98? Not making a move already feels hot, waiting for a crash. --- So what if Beefy updates? A large transfer by a whale just exposes them again. --- A 1601% surge in trading volume? I think 80% of it is big fish accumulating, retail investors are buying in now? --- The upper band being touched, MACD turning negative, don’t listen to those saying it will keep rising—technical indicators are already saying goodbye. --- Extreme supply imbalance really keeps people awake at night. --- My goodness, 94% concentration—this is clearly a harvesting scheme designed for big players. --- No matter how strong the increase, it depends on whether there is real liquidity support behind it. This is obviously just a fake boost. --- MACD histogram turning negative, so what’s there to be excited about? It all depends on who can run away first.

View OriginalReply0