If you are not going to grab the wallet of the market maker, how can you know whether a meme coin's market maker is offloading or accumulating after a rise and fall?
The simplest method is to look for 'sideways trading.' Among all meme coins, especially on Solana, attention is continuously diminishing.
"So if a project team does nothing, funds will continuously flow out. If it can maintain a sideways position for two or three days, it indicates that there is definitely buying support, not just because everyone suddenly stopped selling."
However, just because the market maker is accumulating at a certain position does not mean they can 'hold it up.' Sometimes, if they realize they cannot support the price, they will allow retail investors to sell down to the next level before supporting it again, which lowers the market maker's accumulation cost, making it unnecessary to support at a high price.
How does the market maker determine at which level to let it drop? When they notice during the sideways phase that retail investors are no longer cutting losses, they will start considering using positive news to drive up the price, to attract new buying and push the next wave forward. #SUI、OP大额解锁 #BTC挖矿难度创新高 #币安MegadropSOLV #MicroStrategy增持BTC #币安Alpha公布第9批项目