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0.0877 Dumping to sell off, 0.0507 Accumulating and retracing——$ESPORTS and $VELVET 's cost scissors difference has already widened to 3 times.
Attention, this is not a bull market rotation, but a manipulator moving funds from low circulating supply to high circulating supply. Look at the data: ESPORTS traded 134 million USD within 24 hours, with a market cap of less than 200 million, turnover rate over 67%, while VELVET traded 378 million, with a fluctuation range of 0.2642-0.4366. I judge that the manipulators have been heavily distributing when ESPORTS was pushed to 0.0877, with a cost zone around 0.04, profit margin over 100%. Now they are cashing out 20 million ESPORTS tokens and shifting to VELVET for the second wave.
Operation simulation: First stage, build positions in ESPORTS at 0.05-0.06, push to 0.0877 while selling, creating FOMO with news. Second stage, funds transfer into VELVET, focusing on accumulating around 0.35. As of this post, VELVET is still at 0.42, 15% below the strong resistance at 0.48. The bottom support for institutions is at 0.38.
How to follow? Do not chase ESPORTS anymore, hold positions with a stop loss at 0.076, take profit at 0.093. VELVET can be accumulated in batches at 0.39-0.41, stop loss at 0.37, first target at 0.48, second target at 0.55. Position size should not exceed 20% of total assets. The manipulators haven't finished offloading VELVET yet, as 24h trading volume is 2.8 times that of ESPORTS, but the volatility is only 40%, clearly controlled to suppress price and accumulate.
The market doesn't lie. $