Currency Selection Criteria:
1. Low MV/RV: Choose currencies with lower MV/RV values, indicating that the currency has not yet experienced significant upward movement and may be in a potential range.
2. Chip Distribution: Select those currencies that do not have obvious chip peaks or have undergone sufficient washing. Currencies that have been washed typically leave behind a healthier chip structure.
3. K-Line Trends: Prioritize those currencies that have not yet started during an overall surge, which have greater upward potential.
4. Team and Funding Background: Pay attention to the team and funding support behind the project, especially those projects backed by well-known figures or strong funding sources, as such endorsements often bring more trust and resources.
5. Short Selling Pressure: Closely monitor whether the short selling has been sufficient, using professional tools (such as the Eagle Eye system) to track the capital flow of both long and short positions and understand the remaining long and short ratio in wallets.
6. Wallet Behavior Analysis: Observe the wallet behaviors of retail investors and institutions (whales); typically, retail investors are trapped at high positions and reduce positions at low levels, while institutions tend to accumulate at low levels and sell at high levels.
7. Financing Code Dynamics: Analyze the changes in financing codes, especially the reduction of long-term financing codes and the increase of short-term financing codes, which may indicate market turning points or potential volatility.
5 years of experience in the cryptocurrency world, feel free to consult on any questions, and those who want to grow together in the community can check my business profile.
