The new coin has directly surged 5 times, it's about to correct, don't chase it yet.
This new coin is different from the coins listed on Binance in the past, it has directly entered a frenzied surge mode, turning the fee into negative.
When the fee is negative, it generally means that there are large holders with a significant amount of chips, and then they coordinate with contracts to sell, taking advantage of both spot and contracts.
4u is very likely the peak for the time being, it’s unlikely to go up again in the short term.
If you get stuck entering 4u, you need to cut losses in time, as it will continue to go down in the short term.
4u has a market value of over 300 million, and the strength of the coin 'the' is still insufficient to match this market value, so a short-term correction is definitely inevitable.
So when can we bottom-fish 'the' coin? We need to wait until the contract fee of 'the' coin returns to normal or reaches around the 0.618 Fibonacci level at 2.8u to bottom-fish.
