$BASED ‌ Recent focus on meme coins, the chart structure is clear and straightforward.

The current market cap is only 14 million, with high concentration of holdings: the top ten addresses control 90%, and the top 100 addresses nearly 98%. From the chart, the daily chart already shows obvious signs of capital inflow, indicating that funds are quietly replenishing positions. Considering that in the early stages the project team led short positions, this round of decline is very likely to have completed a phase of distribution + short-term profit-taking.
Pay attention to these two points:
One is whether capital continues to flow in;
Two is whether the project team/market sentiment is starting to turn bullish.
Trading suggestions:
Spot trading can be gradually accumulated around 0.06 to lower costs and patiently wait for the rhythm to start;
For futures, it is recommended to take small positions and avoid heavy bets on controlling coins. #Gate广场四月发帖挑战