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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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When the Magic coin had a big dump a few days ago, it hardly fell. The rebound was also very quick, so how do we analyze such coins?
The accumulation of Magic funds is very excellent. Firstly, both spot and contracts have long-term accumulation, and this accumulation volume is very large, accounting for 40% of the market value. This means that 40% of the total market value has been accumulated by the main force, which is why there is a relatively good advantage.
So following this logic, when there is a movement of funds, just click to see the historical accumulation of funds. When encountering such highlights next time, you will be able to seize the opportunity.
I have been observing this Magic coin for 2-3 days recently. What I am sharing is the analysis logic. It doesn't matter if you bought this coin or not; what is important is how to catch such opportunities next time, which is not difficult at all.
During this big dump, LTC was quite strong and did not follow the fall, but looking at the capital accumulation situation, it is actually quite average. This makes it a bit more difficult to catch, but usually when it doesn't follow the fall during a big dump, it often means that the main force is looking to pull up later, so there is capital support. In the future, it is highly probable that its performance will be better than 90% of mainstream coins.
#MAGIC # LTC