For example, if the position we are standing at coincides with the previous 2 positions. Then OP will wait for about 8 more weekly candles to know whether there is an uptrend or an Altcoin season.
So keep a close watch on OP over the next 8 weeks; if during those 8 weeks OP remains sideways in the price range of around $1.5, then I think that is the right time to Hold Spot.
And if history repeats itself, then during the Uptrend price increase, OP could peak at $7.2.
Yes, what I said above is in a positive direction, so what about the negative direction?
If everything goes as planned in the next 8 weeks, and many people jump in to Hold OP, then MM might not even bother to push the wave, but will continue to play the game of shaking off investors to let go of their holdings, while pushing the waves of other coins.
And you should remember that OP and ARB have many people who bought at the peak; if these peak buyers decide to Hold To Die, then MM might not even bother to push the wave for real.
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