#sats,
🔥SATS monthly volume peaks, Binance effect is significant!
💥The price is back strongly!
In the past month, SATS’ trading volume has reached its highest level since its listing on Binance.
This feat undoubtedly adds to the market activity.
What’s even more remarkable is that its price has steadily risen back to the “3” range in May, showing a strong tendency to regain lost ground.
Looking back on the history of SATS, it has experienced a significant correction of -66.58% since its historical peak.
However, among many altcoins, its decline was relatively mild, making it the leader in this wave of market adjustment.
It is particularly worth mentioning that during July, large investors (commonly known as "whales") entered the market in large numbers and actively hoarded SATS.
This move undoubtedly injected confidence and vitality into the market.
In traditional bull market cycles, the correction period of altcoins is often limited to within 3 months.
This time, SATS has gone through four months of adjustments, which is rare in history.
However, it is this extremely long adjustment period that may indicate a solid market bottom and explosive power in the later period.
I personally tend to believe that the bottom of SATS has been quietly laid in early August.
The main rising wave at the monthly level may have quietly begun and is leading SATS to new heights.