Is it the Shanzhai Season or the Shanzhai Festival?


Stop arguing already, you'll understand after seeing the data.
We selected 30 representative altcoins with "hot narratives" for analysis.
Looking at one month of data.
1⃣ Trading Volume: Started from the low point on April 26, with a noticeable increase.
2⃣ Open Interest (OI): From April 20-30, the open interest was low and fluctuating sideways, then began to expand.
3⃣ Price: Most are higher than they were a month ago.
4⃣ CVD: This is a bit concerning, mostly below water level.
Short positions still dominate, but it's worth thinking about.
Short dominance, yet prices are rising?
Overall,
This round of altcoins shows simultaneous increases in Volume, OI, and Price.
It's not unhealthy, considering the stubbornness of the bears.
This rally clearly hasn't reached the peak.
Is it the Shanzhai Season or the Shanzhai Festival?
Why not pick a few good targets? Going all-in on solid picks is more practical.
For example, the $BLEND posted in the group is about to have a big move.
View Original
post-image
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