$STRK has entered the accumulation stage, and its performance characteristics are:

1⃣

Excluding the opening day, it has fallen from the highest price of US$2.67 to the current US$0.38 after half a year, a drop of nearly seven to eight times. There is enough time and space;

2⃣

Most of the daily lines on the market show small yin and small yang, and they hardly follow the market's sharp decline, which shows that the current chips are relatively stable, and the meat that needs to be cut has been cut, and the ones that have not been cut will probably not be sold;

3⃣

The four-hour level fluctuates violently, and it keeps pulling and smashing, which is also an obvious manifestation of accumulation;

4⃣

Volume began to gather at the four-hour level, and MACD moved closer to the zero axis, creating a good technical indicator pattern for the uptrend;

5⃣

There will be unlocking in October, and it is possible to pull the market to allow institutions to ship!

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risk:

1⃣

Ethereum is weak, and the four major Layer 2 king projects are about to become the four major death projects, so the concept of the sector is not good at the moment!

2⃣

This type of VC coins have been criticized by the market, including $STRK, which currently has only 10% in circulation. There will be a large number of tokens unlocked in the future, so the risk is very high!

Personal opinion:

It is suitable for short-term bands. There are too many uncertainties in the later period, so it is not recommended to hold it for a long time. The entry point is relatively safe near 0.34. Since it is judged that the main force is accumulating funds, try to build a position at the support level of the lower Bollinger Band. This is a left-side transaction; there is another right-side plan, which is to wait for an effective breakthrough in the bottom shock range. If you pursue it again, although the profit will be less, it will be safer. For what is an effective breakthrough, you can read my previous article.

The above are purely personal opinions and do not constitute investment advice!