Isn't this scene very familiar? Yes, this is the typical daily life of "RWA concept coins": silent for most of the time, then at some unexpected moment, suddenly pumping, drawing a steep bullish candlestick that makes your heart race.
Cold thoughts behind the hot data
The data shows that the short-term moving average (MA7) of OM has crossed above the mid-term moving average (MA25), which is a good short-term bullish signal. The trading volume has also significantly increased, clearly indicating that capital is on the move. There is an exciting atmosphere in the community, with a sense of "if you don't get on board now, it will be too late"; many are already looking forward to the new milestone of 0.1 dollars.
The excitement belongs to them. If we zoom out and look at some deeper indicators, we will find a different scene. The MACD's DIF line is still below the DEA line, and the histogram is negative, which suggests that the short-term upward momentum may not be as strong as the price indicates, and internal divergences have begun to emerge. More importantly, flipping through the in-depth discussions in the community, you will find a contradictory mindset: on one hand, there is cheer for the current rise, while on the other hand, there is a lingering concern about the long-term development of the project and the management team.
Survival Rules for Altcoins: Give Up the Pattern, Focus on the Swing
OM's performance this time perfectly illustrates the survival rules of the current altcoin market. For the vast majority of altcoins, especially those like OM that rely on concepts and event-driven movements, and occasionally experience a pump, "patterns" are a luxury, and can even be lethal.
In today's market environment, capital rotates extremely quickly, and the main players have no intention of holding long-term. Their strategy is to "hit and run": using the hype of concepts to create FOMO (fear of missing out) sentiment, quickly pumping up prices to attract retail investors, and then unhesitatingly distributing their chips. If you talk about "patterns" at this time, yearning for a long-term future, you may very well be the one standing guard at a temporary high point.
"Buy on dips, sell on rises" - Six-word mantra
Therefore, when dealing with coins like OM, the strategy must be clear and ruthless: play the waves and engage in oscillation.
Don't get caught up in whether it can become a hundredfold coin in the future, that's not something we as swing traders should consider. Our core idea is those six words: "buy on the dip, sell on the rise."
· Where to buy? Don't chase after it has already pumped 17%. Be patient and wait for it to pull back to a key support level (such as near the MA25 moving average or previous consolidation platform). Only when the trading volume shrinks is it time to consider entering with a light position.
· What is the selling point? Once the price rapidly pumps again, such as approaching psychological barriers like $0.1, and shows signs of upward fatigue (like long upper shadows) with trading volume unable to sustain an increase, it is essential to sell decisively and lock in profits.
Remember, our goal is to take advantage of the main force's pump, not to become the meal in the main force's market. Do not be deceived by temporary surges; strictly adhere to discipline and earn the portion of money that is within your understanding and strategically planned.
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Isn't this scene very familiar? Yes, this is the typical daily life of "RWA concept coins": silent for most of the time, then at some unexpected moment, suddenly pumping, drawing a steep bullish candlestick that makes your heart race.
Cold thoughts behind the hot data
The data shows that the short-term moving average (MA7) of OM has crossed above the mid-term moving average (MA25), which is a good short-term bullish signal. The trading volume has also significantly increased, clearly indicating that capital is on the move. There is an exciting atmosphere in the community, with a sense of "if you don't get on board now, it will be too late"; many are already looking forward to the new milestone of 0.1 dollars.
The excitement belongs to them. If we zoom out and look at some deeper indicators, we will find a different scene. The MACD's DIF line is still below the DEA line, and the histogram is negative, which suggests that the short-term upward momentum may not be as strong as the price indicates, and internal divergences have begun to emerge. More importantly, flipping through the in-depth discussions in the community, you will find a contradictory mindset: on one hand, there is cheer for the current rise, while on the other hand, there is a lingering concern about the long-term development of the project and the management team.
Survival Rules for Altcoins: Give Up the Pattern, Focus on the Swing
OM's performance this time perfectly illustrates the survival rules of the current altcoin market. For the vast majority of altcoins, especially those like OM that rely on concepts and event-driven movements, and occasionally experience a pump, "patterns" are a luxury, and can even be lethal.
In today's market environment, capital rotates extremely quickly, and the main players have no intention of holding long-term. Their strategy is to "hit and run": using the hype of concepts to create FOMO (fear of missing out) sentiment, quickly pumping up prices to attract retail investors, and then unhesitatingly distributing their chips. If you talk about "patterns" at this time, yearning for a long-term future, you may very well be the one standing guard at a temporary high point.
"Buy on dips, sell on rises" - Six-word mantra
Therefore, when dealing with coins like OM, the strategy must be clear and ruthless: play the waves and engage in oscillation.
Don't get caught up in whether it can become a hundredfold coin in the future, that's not something we as swing traders should consider. Our core idea is those six words: "buy on the dip, sell on the rise."
· Where to buy? Don't chase after it has already pumped 17%. Be patient and wait for it to pull back to a key support level (such as near the MA25 moving average or previous consolidation platform). Only when the trading volume shrinks is it time to consider entering with a light position.
· What is the selling point? Once the price rapidly pumps again, such as approaching psychological barriers like $0.1, and shows signs of upward fatigue (like long upper shadows) with trading volume unable to sustain an increase, it is essential to sell decisively and lock in profits.
Remember, our goal is to take advantage of the main force's pump, not to become the meal in the main force's market. Do not be deceived by temporary surges; strictly adhere to discipline and earn the portion of money that is within your understanding and strategically planned.