Let’s focus on the cryptocurrency SATS. SATS has been trading within a specific price range since its decline in mid-April this year, a box pattern that has lasted for about six months. Within this range, trading volume has remained active and the turnover rate has been relatively good.
Although this fully circulated currency has a high market consensus, the increase in trading volume has not brought about a significant increase in price. However, after such a long period of consolidation, the market appears to have found a point of support and prices are expected to rise. Penny had previously captured several waves of increases when the price was low, but the overall profit margin was not large, about 30%, and did not achieve a sharp increase like WIF and SUI.
The recommended operations for SATS are as follows:
Entry point: 0.00025 Stop loss point: 0.0002
The recommended operations for ORDI are as follows:
Entry point: near 30 Stop loss point: 26.5
Both SATS and ORDI recommend long-term holding, with the expected holding period being approximately 3 months, with the goal of doubling the price.