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14 million evaporated, 50%. Now, is buying $SAHARA a bottom-fishing or a catch-up? $GWEI surges alone by 30%, $COS drops to 0.0006, like the night before hitting zero—one of three choices makes me break in place.
First, look at $SAHARA: the bulls say the decline is over 50%, with a trading volume of 180 million, so there's plenty of room for a rebound; the bears say it dropped half in one day, and the main players have already run away. $GWEI: the bullish reason is that it’s rising against the overall market decline, with obvious capital inflow; the bearish reason is that this volume can't support new highs, beware of a spike. $COS: the bulls say it has already fallen back to the starting point of the rise, all negative news exhausted; the bears say the daily line shows continuous declines with no support, liquidity is drying up.
My positions are split: $SAHARA light position at 0.014 with stop loss, $GWEI retrace to 0.16 for small position, $COS only do ultra-short holding at 0.00055 to fight the rebound. I am that indecisive guy bouncing back and forth in a bear market, you say this time it can rise, deduct 1 for a rise, deduct 2 for a crash. $