#BOME Forward: Discuss the potential development path of $BOME after listing on Binance
đđ»Author: DC is greater than C Source: X, @DC性äșC
It was listed on Binance in 3 days, and the market value fell back after opening at 1.6 billion, currently around 770 million. Now the daily trading volume of $BOME on Binance is only half of the previous one. I think many experienced friends, especially those who understand the trading routine. They must know that after a wash, there is a high probability that the market will continue to pull. Itâs just that I donât know when and whether I can hold it. What is the best position to buy the bottom.
After all, #shib, #doge, #pepe, #bonk,#flokiwere all washed after listing on Binance and then pulled up at least 5 times (bonk), and the highest was 10-20 times (pepe, floki). If you look at the monthly lines of these several carefully, you will find that the market was washed out after the opening, and then the market was pulled up again when#btcreached a new high or#btcrose sharply, and the sentiment was extremely fomo. The daily line opened with a large volume rise.
Most of the dealers basically pull the market when the sentiment is the most fomo and the market has the most hot money. Who would pull the market when panicking?
Of course, some people will ask, didnât it hit 48,700 on 1.11 before? And how about the period at the end of October last year? Yes, those two times, the market rose again, the sentiment was good, and the meme project mentioned above also pulled up, but it was not much, a few dozen points, at most less than 200 points. Generally, the daily trading volume rises in large volume, breaking through the previous decline, and it will not fall quickly, and it will naturally start. Then it rose to a circulating market value of nearly 3-4.5 billion US dollars.
Some people here will ask, thatâs not right, that#wifis not like that, Binance continued to rise at the opening, and it is still rising today. Yes, but before listing on Binance, before the volume started to rise at the end of February,#wifhad been washed out for more than a month. The current market value has exceeded the peak of pepe's 4.5 billion US dollars.
Well, at this point, my friends must say, I understand, $BOME , it is now about 770 million US dollars, buy, hold, there are still several times to eat.
First of all, you donât know if there will be a better bargaining price at present, donât forget, experienced friends should also know. Before the decline stabilizes, it is possible that the daily level will fall, and the trading volume is also very low.For example, pepe, bonk, etc. Also, when will the next BTC surge or breakout or even new high bring about emotional fomo?
Currently, interest rate hikes are suspended. From now until the halving day, the sentiment should still be good. It depends on whether ETFs and funds are strong (today is the weekend, and it is also the weekend in the US time. The price has returned to above 70,300, indicating that the sentiment is still good). So let's see if it can drive emotions later, and emotions drive funds to continue to rise. After the halving day, although the May 1 interest rate meeting will not raise interest rates, what about the future? And historical data shows that the two months after the halving have been falling. So let's see in April and May whether ETFs can hold the emotions and continue to fomo.
The above only represents personal opinions, combined with the conclusions drawn from trading volume, emotions, the market, historical experience, market value, etc. Welcome to discuss. Not an investment advice, MEME is high risk. Rational operation.
