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It looks like the community baby is leaning more toward the lower side—$RAVE k is still taking the upper hand!
It looks like k’s overall strength is still extremely strong. RAVE has been continuing its step-by-step, stealthy grind lower—this wave’s main fund already shows clear signs of starting to withdraw, so the market afterward will most likely continue to present a choppy downtrend. Fans who haven’t entered yet can first take a small position to enter, set take-profit and stop-loss, and be careful in case trap manipulators bait a sell-off and then do a sudden pump up. After all, with a kind of “weird coin” like this, there is no absolute trend!
Brother Ran said in the square this afternoon: once these shanzhai “devil” altcoins’ main capital starts pulling out, it will definitely show an ongoing grinding-lower trend. The trap manipulators have already begun to offload gradually, but to mess with the short-side players, even just keeping the price in a sideways range—relying on trading fees alone—can wipe out a portion of the short-position chips. Therefore, Brother Ran suggests staying out of the market and observing for now.
Wait until the market has completely played out; then Brother Ran will lead the squad of fans into the market immediately!