$BICO 24-hour surge of 21%, reaching up to 0.0244, with trading volume hitting 9M. This move isn't retail investors making impulsive decisions; on-chain data shows that a major market maker accumulated 6% of the circulating supply around 0.018, combined with yesterday's announcement of a compliant US payment channel by BICO's partner.


Translate into trading logic: 0.024 is now a strong resistance level, breaking through 0.025 will likely trigger short covering and stop-losses for chasing longs, targeting 0.028; but if it falls back below 0.022 within 24 hours, it indicates distribution by the main players, with a stop-loss set at 0.0215, and position size not exceeding 30%.
Don't expect to catch the tail; first observe the large order movements in the order book.
Has the news already been priced in? Before the black box data is fully disclosed, what’s being exploited is the expectation gap.
BICO21.61%
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