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Recently noticed that the capital flow on the contract side of MET is quite unusual. There has been continuous inflow of funds, and the price has pumped by 10.07% within 24 hours, now sitting at $0.3727. Such abnormal capital movement often indicates that there might still be room for a short-term upward attack.
That being said, such signals should also be treated with caution. Active contract funds are indeed a reflection of bullish sentiment, but the market is highly volatile, so don't just rush in by focusing solely on the price increase. It is advisable to continuously observe whether the fund flow is stable, while also managing your positions and preparing stop-loss plans.
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A 10% rise looks nice, but with such active contract trading... it always feels like someone is blowing a bubble, be careful not to get trapped.
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Abnormal funds ≠ guaranteed profit, this principle has been repeatedly taught, so why are there still people chasing the price every day?
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At the 0.3727 USD level, I’m in the observer camp, waiting to see if it can hold above before making any moves, no rush.
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More contract funds ≠ price must rise, don’t be fooled by this signal; the market is unpredictable.
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I’m keeping an eye on MET’s actions, but I will never go all in; doing a good stop loss is the hard truth.