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24-hour surge of 29%! $EPIC went from 0.49 to 0.64—did you follow along with that “whale” that suddenly popped up from the leek field?
Let me tell you a story so you get it: the crypto market is like the vegetable market downstairs in your neighborhood. Normally, spinach is 2 yuan a bunch, but suddenly someone moves the stall to the intersection. The loudspeaker blares, “Limited-time special price!” and the aunties go crazy buying—then the price instantly jumps to 3 yuan. $EPIC is like that vegetable that was suddenly moved to the intersection—its 24-hour low is 0.49, and it surged up to 0.6479. The trading value is 25.6 million USD, which shows that someone really is stuffing money into it like carrying a sack.
But don’t rush to go all-in. Think about it: if the auntie is halfway through grabbing vegetables and the seller suddenly says, “Tomorrow there’ll be even cheaper,” then wouldn’t the ones who bought at the high today become the leek dumpling boxes? Now at 0.6384—just a dime away from today’s high—if you chase in and the market maker dumps the price, you’ll be standing guard on the spot. Looking at the technicals, the chart is showing a sudden spike in trading value, retail traders are still hesitating, but the market maker has already had enough. Either they keep pumping to blow up the shorts, or they cash out and run.
My own plan: around 0.63, I’ll hang a small order using about 10% of my funds to bet it keeps rising, with a stop-loss at 0.58 (if it breaks below this morning’s low, I’ll exit). I’m taking profit at 0.68—after all, today’s high was only 0.6479. If the market maker really dares to keep causing trouble, at least they’ll need to break the previous high to help those who chased get out. Don’t be greedy—grab a 20% gain and run, cashing it out safely.
This market move is really similar to that one from last year—rises hard and falls fast. Remember: when the vegetable market is cleared out, if you run late, you won’t even be able to pick up the leftover leaves. Like if you get it—I’m going to keep watching the chart.