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Let's review the logic behind my purchase of $1 and the hundredfold increase.
1. K-line structure: trend confirmation, not emotional chasing
The first time I paid attention to "1," the market cap was around 80k.
From the K-line structure, "1" retreated from a high of over 100k to the 20k range, experiencing a period of consolidation and chip turnover, followed by another volume surge back to 80k.
This segment of the movement is very critical:
Deep retracement but without A kill to zero
Long-term sideways trading