BAN analysis and subsequent trend analysis: What does it mean that Sun Ge eats a banana?
BAN is a meme coin with a comedy theme and a banana. Its narrative is that Maurizio Cattelan's "The Comedian" will be listed at Sotheby's auction house in November this year. It is also the fourth generation of cryptocurrency, which mainly provides no transfer fees, instant arrival and green ecological transactions.
It was launched on Binance on November 18, and it started to fall after reaching the previous high the next day. On November 21, Justin Sun bought Maurizio Cattelan's iconic work Comedian Banana for US$6.2 million.
Sun bought this banana and wanted to endorse it. Everyone's response was also very timely, making BAN, which was already in a bad trend, fall even more smoothly. It fell for 5 consecutive days and finally reached a low of 0.11 dollars on November 26. It fell nearly 70 points from the highest point to 0.11 in 7 days. Sun is even more credited for this! This banana finally became a "banana"
Today, Sun is going to eat this sky-high banana on live broadcast. Do you know why he wants to eat it? What does it mean? Because if he doesn't eat it, it will go bad! ! !
BAN started to pull the market before the live broadcast, because there must be many retail investors who fantasize about a strong pull! Everyone rushed in immediately, and the price rose by 4 points! But the next K-line immediately doubled, and it was caught in a long-short game for a while.
In the short term, Jinbao is not recommended to enter the market. Although it is also the bottom range, the long and short variables are too large, the trend is unhealthy, and the risk of being trapped is very high if you enter, so it is not recommended to enter the market.
In the long term, BAN still has a lot of room for operation. We can wait a little longer. After the upward trend stabilizes, short-term contracts or swing operations will be the main ones. After all, it is certain that Sun will join in the pull, although Sun is open and it is risky to get close to him. But risks and returns are always accompanied.
What does Sun do! Where do his assets come from! Since he has entered the market, he will not let BAN go on so easily. Just one banana cost Sun 6.2 million US dollars! Sun's money will be earned back where it is spent!
Therefore, Jinbao will continue to pay attention to the trend of BAN in the future. If there is a suitable entry opportunity, he will notify everyone as soon as possible. Pay attention to Jinbao and continue to update you with hard stuff!
