Since $NEIRO landed on the Binance trading platform, it has experienced several rounds of significant price increases and achieved a doubling of the market price. Normally, if the market is in a bear market, major investors may have completed shipments and left the market at a profit. However, the current situation is that although the main force gradually distributes chips at high levels, the price is still stable within a certain range, showing a state of high sideways trading.
Major investors seem to be observing whether large-scale funds are willing to enter the market to take over, which will determine whether they will continue to push prices up. If there is a lack of large-scale capital participation, the main force's willingness to continue to rise may weaken, because under the current market value, to achieve further price increases, the main force's profit space is limited and more funds need to be invested. Therefore, future market trends will largely depend on actual changes in the market.
Nonetheless, we have reason to believe that Neiro still has room to rise in the future. We are currently in the fourth year of the cryptocurrency market’s four-year bull cycle. If Bitcoin can achieve a breakthrough, it will inevitably attract more large-scale funds to enter the cryptocurrency market, and Neiro, as a popular project, will naturally benefit, attracting capital inflows, thereby driving up prices. By analyzing the recent trading volume and the timing of price increases and decreases, we can find that on normal trading days, the trading volume is about 100 billion, and when prices rise or fall, the trading volume surges to about 240 billion. . This means that the main funds used for market operations are about 140 billion, while the remaining more than 100 billion chips are locked. At present, with the decrease in trading volume, it has dropped to 60-80 billion. After several days of sideways consolidation and chip absorption, the chips in the hands of the main players may have increased to about 300 billion. According to the price conversion, the main force has the ability to push the price of Neiro to the level of 0.0038. Of course, this also depends on whether there are funds willing to enter the market to take over.