One hour is a bullish exhaustion pattern! The current market capitalization has reached 4.1 billion RMB;
This form of retail investors loves to chase after rising prices! Having seen the form of control and massive drops, this pattern is very frightening!
Currently, the market capitalization is 4.1 billion RMB, and many retail investors may become complacent! They think the market cap is small and has room for growth, but they forget that USUAL is an unlocked coin, with 4 billion tokens, and at this price, the total circulation is 36 billion RMB.
The highest spike to $1.2970 is very likely the peak of this year! This is based on pattern analysis; with the large volume, the main force has also nearly offloaded!
Why is the market dropping? USUAL is not performing? I believe the market makers are playing a timing game!
USUAL can at most hold for a while, and there can be sudden drops at any moment!
Look at this massive trading volume, which is 6 times the range increase; my view is that the main force is unloading in an orderly manner!
The counterfeit control is not good at all! I have already liquidated my USUAL holdings.