After the good news was announced at 20:30 last night, it directly broke through the small parallel channel, and then repeatedly inserted needles, and all the high-leverage long and short orders were lost. Retail investors thought that this was the end, but they were wrong. When the chaotic shock could not find the direction, after seeing the good news at 22:00, it pulled up a spring again. Retail investors chose to chase more again, and then the nightmare appeared. It plunged directly from 598 to 577. Even with low leverage, seeing this continuous decline, they would not be able to help but cut their losses!
Brother Sun shouted the slogan "Sell me your 0.03 SUN and get out" on Twitter, which instantly triggered heated discussions in the market. Everyone speculated whether he intended to harvest this wave of traffic. Brother Sun is indeed unique in playing with traffic, and his operation also led to SUN rising by 20 points.
From the trend point of view, SUN slightly broke through the box formed in recent days, but it is hard to say whether it is really over. The key lies in the subsequent trend.