The recent listing of a certain coin on a major exchange's spot market has indeed made people a bit nervous. The single-day increase reached 50%, and the upward momentum is quite aggressive. From the trend, this looks more like a quick surge following a short-term plunge—a typical sprint behavior. I had some spot holdings beforehand, and after seeing this increase, I decided to adopt a phased selling strategy to gradually reduce my position. After all, rapid price increases like this usually require caution against potential pullbacks.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The recent listing of a certain coin on a major exchange's spot market has indeed made people a bit nervous. The single-day increase reached 50%, and the upward momentum is quite aggressive. From the trend, this looks more like a quick surge following a short-term plunge—a typical sprint behavior. I had some spot holdings beforehand, and after seeing this increase, I decided to adopt a phased selling strategy to gradually reduce my position. After all, rapid price increases like this usually require caution against potential pullbacks.