Why did CTK rebound in minutes? Xiao Miao found some reasons:
1. CTK belongs to the Cosmos ecosystem. After the bull market, it has not risen significantly for a long time. At present, CTK has gone out of the bottom pattern, and there is a trend of breaking through and stepping back, breaking through and stepping back again, which has attracted a lot of bargain hunting funds. Domestic veteran players have a high degree of recognition of the Cosmos ecosystem (including IRIS and other projects).
2. The K-line does not show signs of the dealer absorbing funds, so it is likely that when the dealer slowly absorbs funds at the bottom, it is found that there are wild dealers who continue to buy. In order to prevent wild dealers from continuing to buy and being smashed when pulling the market later, the dealer chooses to double the price directly. It is good enough for large funds to earn 50% or 100% of the profit steadily. The current price has reached an important breakthrough point in history.
3. In addition, it may also be that good news is about to be announced. The K-line often reflects the project situation most realistically. Even if many projects have bad news every day, the price does not fall much, which shows that the dealer deliberately controls the market. Under normal circumstances, when there is good news, the dealer will pull the market first and then announce the news.
4. CTK currently does not have Heyue