CLO's performance yesterday was quite fierce—rising directly from 0.45 to 0.54, an increase of over 20%. This trend was driven by strong real funds.
Interestingly, after this rally, the coin price did not quickly dump. It has been oscillating around 0.5301 for nearly a day, showing an unusually steady market. Looking at the 4-hour chart, the price remains above a high level, while the daily chart shows two consecutive days of volume increase, continuing this strong momentum today. From the funding rate perspective, it remains quite healthy, with bullish sentiment still strong.
More importantly, the main funds holding long positions have not shown signs of large-scale selling. Considering the current market structure and position distribution, the probability of a secondary surge is quite high.
For retail investors wanting to participate, this time window is not too late. Since the market has already started, rather than hesitating and watching, it’s better to decisively open a position around 0.5301. For risk management, setting a stop-loss below 0.48 can handle extreme shakeouts.
The phased profit-taking plan can be arranged as follows: reduce some positions at 0.578, sell another part at 0.594, and set a third target at 0.65. If the price breaks through 0.65 later, the remaining holdings can be kept to seek higher gains.
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GasGoblin
· 2m ago
CLO this wave is indeed fierce, but I will still wait for a pullback before getting in...
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StakeOrRegret
· 01-07 19:54
CLO this wave is indeed fierce, it seems there's still hope as the main force hasn't sold off.
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ReverseTradingGuru
· 01-07 10:46
CLO this wave is really fierce, soaring from 0.45 to 0.54 in one go, I was a bit stunned watching it.
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BearMarketSunriser
· 01-07 10:35
Speaking of CLO, this wave is indeed fierce, with a 20% jump straight up, but I think I'll wait and see.
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MetaNomad
· 01-07 10:32
CLO this wave is indeed fierce, but I'm still a bit hesitant... A 0.48 stop loss still feels a bit risky.
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CryptoGoldmine
· 01-07 10:27
From the perspective of computing power profit ratio, this wave of gains has indeed released many positive signals. The absence of large-scale selling by major players indicates that consensus is still building. The position distribution data at 0.5301 is worth paying attention to, as it usually indicates the next direction.
CLO's performance yesterday was quite fierce—rising directly from 0.45 to 0.54, an increase of over 20%. This trend was driven by strong real funds.
Interestingly, after this rally, the coin price did not quickly dump. It has been oscillating around 0.5301 for nearly a day, showing an unusually steady market. Looking at the 4-hour chart, the price remains above a high level, while the daily chart shows two consecutive days of volume increase, continuing this strong momentum today. From the funding rate perspective, it remains quite healthy, with bullish sentiment still strong.
More importantly, the main funds holding long positions have not shown signs of large-scale selling. Considering the current market structure and position distribution, the probability of a secondary surge is quite high.
For retail investors wanting to participate, this time window is not too late. Since the market has already started, rather than hesitating and watching, it’s better to decisively open a position around 0.5301. For risk management, setting a stop-loss below 0.48 can handle extreme shakeouts.
The phased profit-taking plan can be arranged as follows: reduce some positions at 0.578, sell another part at 0.594, and set a third target at 0.65. If the price breaks through 0.65 later, the remaining holdings can be kept to seek higher gains.