I just reviewed the Glol charts and I think we've hit the bottom. Look, 88% of those who sold recently bought above 8M, so the selling pressure should be almost exhausted. In this 4M range, I see a quite clean zone, without much offer noise. The interesting thing is that some whales who left early are already re-entering around here, which is generally a good sign. Glol looks strong from this level. Personally, I believe it's time to start rebuilding positions if you have waiting capital. The numbers suggest that the panic has already passed and those who knew what they were doing are taking advantage. Glol could surprise from here on out.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin