alt
The opportunity for counterfeit seasonal markets is gradually emerging. For tokens that are experiencing sideways fluctuations, there are currently two strategies: one is to bet on old coins to catch up in the market, and the other is to bet on new coins that increase after a period of fluctuation to reach new highs. The former has a higher lower limit, while the latter has a higher upper limit.
Little Squirrel Pnut belongs to the latter. It has retraced 60% from its peak, approaching a halving. When pulling the Fibonacci retracement line, a very standard K-line retracement pattern is revealed. This range is definitely worth building a position, and the lower range will be around 0.6.
