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Coinank's newly released SMC indicator is really impressive. So what is SMC? SMC is basically the concept of smart money trading, originating from analysis methods used by forex institutions. The core logic is: market trends are primarily driven by large institutional funds, and their operations leave obvious traces on K-line charts.
Unlike lagging indicators like MACD and RSI, SMC doesn't calculate based on historical data. Instead, it focuses solely on price structure, capturing the real entry and exit signals of institutions.