The following is an analysis answer on why to enter and buy ARK at that position on Saturday.

I inadvertently noticed a slight increase in liquidity for $ARK , and then Niu Ge reminded everyone to enter. After that, the dog owner hesitated for a few hours, but eventually pulled it up to around 0.555 (note that here, once the market stabilizes, it started to follow the overall trend downwards).

With a noticeable variable in liquidity, entering near the position of the spot goods, there is a lot of buying at this position which can serve as a strong support level. From the perspective of trading volume, when the price approaches this support level, if the trading volume shows signs of shrinking, it indicates that the selling pressure is weakening, and the possibility of forming effective support here is quite high, with a greater chance of the price stabilizing and rebounding.

The red line above is marked "Target set at 0.62 for more safety," with a strong resistance at around 0.06250. When the price rises to near this resistance level, due to the large number of investors who may choose to sell for profit at this price level, the selling pressure will increase. If the trading volume expands at this time, it indicates a fierce contest between the bulls and bears. If the price fails to break through and the trading volume starts to decrease, it means that the selling pressure dominates, and the price may pull back. (So Niu Ge's plan just now was to take profit at this area, leaving 3/2 to play with the profit, but he forgot to remove the take profit order and it directly executed.)

The price of ARK itself is greatly influenced by the overall market, and its trading volume is not large, resulting in poor stability after breaking key price levels. Therefore, the previous decline actually indicates that the dog owner has been selling in line with the trend, which means the dog owner has already made gains in two waves.

This wave of upward movement is just at the right buying moment, buying at the position where the owner entered. Follow Niu Ge for more opportunities like this.