After the ACT dropped by 30 percentage points, its subsequent trend has become the focus of public attention.

Undoubtedly, many investors have once again fallen into a trapped situation on ATC, with a large number of investors speculated to be firmly trapped in the position range of 0.7U to 0.6U. The characteristics of meme coins determine that their price trends are heavily influenced by retail investor sentiment, and their candlestick patterns are relatively simple, making it easier to discern the subtle clues of price fluctuations from the candlestick chart.

Looking back at the ACT trend, it surged sharply from 0.42 to around 0.8 in just two days, nearly doubling in price. This rapid price surge is usually driven by strong market sentiment and did not form effective support levels during the surge. This is reminiscent of when the Put coin was first launched, which also achieved a threefold increase in one day, similarly lacking support levels. These factors combined ultimately triggered the current significant decline of ACT.

Generally speaking, coins that exhibit stair-step increases tend to have greater market resilience, such as the recently outstanding Rui Bo coin. So where might the price of ACT slide to? In my judgment, it is likely to dip to around 0.5 before a rebound begins. However, even if a rebound occurs later, the subsequent market conditions may be extremely complex and tangled, likely leading into a prolonged consolidation period. #XRP市值重回第三 #XRP解锁新趋势 #山寨季來了？ #AI与GameFi市场表现

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