There is a classic principle in the investment market: buy at the trough, sell at the peak.
Observing the current market situation of $SPK, the sentiment has reached an extremely bearish level, and the price has fallen below previous lows. However, from a technical analysis perspective, it has just broken through the long-term resistance trend line.
This market performance is a typical signal of a "bottom reversal structure". Investors can choose to continue observing and wait for the heat to rise, or they can seize the current historical low price to make their move.
Successful investors rarely chase prices at market highs; they are better at quietly accumulating chips during downturns to prepare for future rises.
Markets often bottom out when the majority are in despair and peak when there is widespread optimism. For assets like $SPK, it may be the moment that reflects the investment value of "contrarian thinking."
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There is a classic principle in the investment market: buy at the trough, sell at the peak.
Observing the current market situation of $SPK, the sentiment has reached an extremely bearish level, and the price has fallen below previous lows. However, from a technical analysis perspective, it has just broken through the long-term resistance trend line.
This market performance is a typical signal of a "bottom reversal structure". Investors can choose to continue observing and wait for the heat to rise, or they can seize the current historical low price to make their move.
Successful investors rarely chase prices at market highs; they are better at quietly accumulating chips during downturns to prepare for future rises.
Markets often bottom out when the majority are in despair and peak when there is widespread optimism. For assets like $SPK, it may be the moment that reflects the investment value of "contrarian thinking."