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PUMP has shown a clear turnaround starting from its December lows. Looking at the chart, the highs are continuously rising, forming a solid upward trend. The KDJ indicator also provides confirmation signals, and this technical resonance is worth paying attention to.
From a trend perspective, the least resistant direction is upward. Following this logic, some institutions are betting on the price level. The market has moved, and it’s difficult for the bears to turn the situation around. After all, trading in the direction of the trend is a fundamental rule— as long as the trend is intact, you should follow it until the moment it reverses. Upward↗️
Is the 0.0030 level really solid, or is it just hype again? I’m a bit skeptical.
I believe in the KDJ convergence, but is there really no chance for a bearish reversal? It feels a bit too absolute to say that.
Following the trend sounds simple, but maintaining the right mindset is the real skill.
However, paying attention to the detail of the continuous rise at higher levels is more reliable than just looking at indicators.
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Here comes the same trend-following theory again, afraid that by the time the reversal happens, it will have already fallen apart
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KDJ resonance... I've heard this term a bit too much, always saying the same thing
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The recent pump and surge are indeed a bit fierce, but what is supporting the continuous rise to higher highs?
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Are we talking about spot or futures, everyone? What about risk management?
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Wasn't 0.0030 already broken through long ago? Why still cling to this psychological level?
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Following the trend is correct, but the key is to survive until the reversal moment
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No matter how good the analysis looks, in the end, it still comes down to trading volume
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It's easy to say the trend is upward, but I'm afraid the reversal might come too quickly. I haven't even gotten on board yet.
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KDJ convergence sounds good, but I'm more concerned about whether it's a false breakout again... I've been trapped once already.
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Follow the trend until reversal? Sure, I just don't know if I can stick with it until that moment; it's easy to lose confidence.
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I keep hearing about the continuous rise in highs, but the key is when will be the real starting point.
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If this time they still fool me into selling, I really might change careers. I can't handle this heart pressure.
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Institutions betting on 0.0030... Just listen, can retail investors follow the trend and make money? That's truly a mystery.