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Sharing two important indicators I use to analyze coin prices
1️⃣ Relative coin price: Don't just look at how much it has risen, focus on how much it has gained relative to others
Don't look at a single one or two coins, look at a bunch of coins
This way, you'll know who is doing real work and who is secretly dumping
For example, in the chart, it's obvious that Hype&Uni are dumping aggressively
2️⃣ Don't look at the coin price over a single day: Always combine with the previous point, compare multiple projects, and set 7-day, 30-day views, then you'll see what these coins are up to
As shown in the chart, this is Hype & Uni—no need to say more. Sky, because of miner sell-offs, is unable to lift its head
Of course, there are various indicators, but these two can instantly show you who is working and who is slacking off