In today's cryptocurrency market, PNUT has undoubtedly become the focus. It rebounded strongly from the key support level of 590, with an increase of up to 20%. This wave of market conditions has undoubtedly made the market boil. Many investors are tempted by this, and some even can't wait to chase the rise and enter the market. However, in such a craze, some cautious investors, including me, have reservations about the future trend of PNUT.
1. The general trend remains unchanged, and the range fluctuation continues
The primary reason why we are cautious about PNUT is that its overall trend has not changed fundamentally. Although PNUT has rebounded strongly in the short term, as long as it fails to successfully break through the important pressure level of 771 and stand firm, it may continue to fluctuate in the range of 590 to 771. This kind of volatile market is often unpredictable, which increases the risk of investment.
2. Trading volume increased and market divergence intensified
In addition, it is worth noting that this rebound in PNUT was accompanied by a significant increase in trading volume. Increased trading volume usually indicates increased market activity, but may also reflect increasing divisions within the market. Against this background, investors need to be more cautious in judging the true direction of the market and avoid being confused by short-term fluctuations.
3. Response strategy: Be patient and respond flexibly
Facing the current market situation, our response strategy should be to wait patiently and respond flexibly. First, we need to pay close attention to the market performance near the pressure level of 771. If PNUT encounters greater pressure here, we can consider reducing positions appropriately or adopting a short-selling strategy to avoid risks. At the same time, we must also remain vigilant and be ready to deal with possible complex situations such as false breakthroughs, continued rises or sudden falls.
4. Summary: Don’t blindly chase the rise, stay calm
Finally, it should be emphasized that although PNUT has rebounded strongly in the short term, the market has not given a clear signal that its rise has ended. Therefore, investors should remain calm and rational at this time and not blindly chase the rise.
#GMT热度飙升
Don’t be confused by the short-term ups and downs. Sister Hua will show you the way and reveal a potential coin that is expected to increase more than tenfold! Follow Sister Hua and she will lead you out of confusion and towards financial freedom! Like + leave a message to share for free!
