The cryptocurrency market has been doing well in the past couple of days, with several coins experiencing impressive gains. Among them, SYS performed the most remarkably, with a 24-hour increase of over 15%, setting a new high for the week and attracting the attention of many traders. DIA followed closely, with a double-digit rise, also hitting a new high today.
Aside from these two star coins, a few others haven't been idle. NFP, IOTX, GLM, GRT, SYRUP, and LUMIA all reached new highs today, with increases of 5.03%, 6.28%, 5.79%, 12.5%, 9.32%, and 9.83% respectively. Honestly, such synchronized upward movement is quite rare and somewhat resembles a broad rally driven by improved market sentiment.
From a technical perspective, these coins have all broken through recent resistance levels, especially those reaching new highs, indicating that buying pressure is accumulating. Of course, the volatility of the cryptocurrency market is inherently high, and whether it can continue to strengthen depends on macroeconomic factors.
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NFTHoarder
· 01-09 00:49
SYS breaking 15% is really impressive, but this coordinated rally feels a bit suspicious, I have a feeling it might backfire.
I don't know how long I can hold, anyway I have already halved my DIA position.
This is the legendary pump-and-dump scheme, pushing together and dumping together, old trick.
I find GRT and IOTX a bit hard to read; the technicals look good but they seem vulnerable to being crushed.
The biggest risk in a broad rally is when a leading token drops, and everyone else gets caught in the fallout...
Regarding macro factors, honestly, it's just about watching the Federal Reserve's moves, uh.
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ForkTongue
· 01-08 16:21
SYS's 15% surge is indeed impressive, but such a broad rally often signals an upcoming dump. Be cautious.
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DegenDreamer
· 01-08 05:51
SYS this move is really awesome, a 15% surge directly, just worried about those who buy in at high levels later crying.
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ChainMemeDealer
· 01-06 10:53
SYS's recent surge is really strong, directly breaking 15%? It feels a bit too fast, whether it can hold on later is a question.
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HashBandit
· 01-06 10:52
ngl this coordinated pump across so many alts is giving me mining ptsd vibes... remember when we thought network effects would fix everything? anyway, 15% on SYS in 24hrs sounds nice until gas fees eat ur lunch lmao
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BuyTheTop
· 01-06 10:41
SYS this wave is really awesome, 15% directly takes off, why does it feel like the whole market has come back to life?
Wait, is it about to crash again...
DIA is also pretty good, the rally is so fierce, be careful later, brother
Usually after a broad rally comes a broad decline, I’m already prepared to cut losses
Ah, forget it, I bought at the top anyway, and I’m falling at the bottom, it’s fate
Can I really hold this time? I feel uncertain
Actually, I’m a bit optimistic about IOTX, but I guess I’ll get trapped again
If the macro environment isn’t supportive, these new highs might just be illusions
Are the buyers accumulating? I feel like they’re actually distributing, brother
Suddenly a broad rally, but I’m even more cautious now, this pattern is too familiar
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tx_or_didn't_happen
· 01-06 10:32
It's another rally across the board. Once SYS breaks 15%, I know a surge is coming. It's always the same routine.
The cryptocurrency market has been doing well in the past couple of days, with several coins experiencing impressive gains. Among them, SYS performed the most remarkably, with a 24-hour increase of over 15%, setting a new high for the week and attracting the attention of many traders. DIA followed closely, with a double-digit rise, also hitting a new high today.
Aside from these two star coins, a few others haven't been idle. NFP, IOTX, GLM, GRT, SYRUP, and LUMIA all reached new highs today, with increases of 5.03%, 6.28%, 5.79%, 12.5%, 9.32%, and 9.83% respectively. Honestly, such synchronized upward movement is quite rare and somewhat resembles a broad rally driven by improved market sentiment.
From a technical perspective, these coins have all broken through recent resistance levels, especially those reaching new highs, indicating that buying pressure is accumulating. Of course, the volatility of the cryptocurrency market is inherently high, and whether it can continue to strengthen depends on macroeconomic factors.