Did you catch this wave of fall $ALLO ?

Some friends are curious why new coins are judged to fall as soon as they are launched. The logic is quite straightforward.

In the early stages of a new coin's launch, the hype is built up purely through speculation, lacking fundamental support. Once the excitement cools down, the price often cannot withstand the selling pressure. ALLO is a typical case—sliding all the way down to around 0.6489 from its peak, struggling to bounce back. The trading volume on the market has significantly shrunk, and the willingness to take over is pitifully weak.

This trend is actually not difficult to understand. While most people are still waiting for a rebound opportunity, a calm observation will reveal that in a weak pattern of falling with no volume, shorting in the direction of the trend actually carries lower risk.

So place short positions around 0.649, and the subsequent trend basically met expectations. The most important thing in new coin trading is to grasp the emotional cycle - stay on the sidelines when the heat rises, and go with the trend when the heat dissipates.

This operation of ALLO can be regarded as a verification of the "new coin speculation rules". The market is forever repeating similar stories; the key is whether you can understand the script. 💪