Time's up, here are some high market cap projects that I usually pay attention to and their final performance this weekend: FF: up 40.53%↑ ETH: up 3.44%↑ BNB: up 3.12%↑ BTC: down 1.93%↓ Kaito: down 2.83%↓ LINK: down 3.66%↓ OKB: down 4.21%↓ SOL: down 4.33%↓ DOGE: down 9.34%↓ BGB: down 9.38%↓ Pendle: down 11.05%↓ Virtual: down 11.4%↓ The time period captured is as shown in the image, and I have explained the reason for capturing the final price changes during this time period in the citation. Conclusion: FF's exaggerated performance is due to favorable news tonight, so it can be considered an outlier. Besides that, you can clearly see that among the tokens and the three platform coins I focus on, there is a clear gradient stratification in their performance... The fluctuations within 5% and those exceeding 5% or even 10% can be seen from the crash from the 10th to the 10th; their recovery speeds are completely different! Therefore, at least within my observation list, most of the assets are performing quite well...
The opening price of the 4-hour candle at 4 AM last Saturday represents the starting point for the US stock market's closing, while the opening price of the 4-hour candle at 8 PM tonight represents the starting point for the US stock market's opening. So if the token you are watching has a closing price at 12:00 AM tonight that is higher than the opening price at 4 AM last Saturday, it indicates that the market for this token is strong. Similarly, if the two prices are close, it means there hasn't been any particularly serious selling behavior this weekend; And if the price is significantly lower than last Saturday, it indicates that the market for this token is weak, with excessive selling supply and almost no real demand... In summary, hold onto the first type of asset, hold a little of the second type, and stay away from the third type. Because the first type of asset is being eagerly bought, the second type is something people are reluctant to sell, while the third type is something people are unwilling to buy... According to this logic, the current ETH is stronger than BTC! The same goes for other altcoins...
Show original
29.53K
46
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.