This STO has just gone through a roller coaster, peaking at around 0.167 within an hour and dropping to a low of 0.144, with a fluctuation exceeding 15%, typical of intense short-term turbulence. This kind of trend indicates that both bulls and bears are fiercely competing, with the main players using significant volatility to wash out weak hands. The market sentiment is currently extremely unstable.
In this kind of market, chasing highs and lows is akin to giving away money. My judgment is that before the direction is clear, the market is likely to enter a high-level consolidation phase. In terms of operation, don’t rush to enter the market; patiently wait for prices to stabilize at key support levels. Aggressive traders can test small positions near support levels, but strict stop-loss measures must be set to control risk.
STOUSDT
Perp
0.15291
+30.01%