SIGN looks like it has a good trend. It oscillated for a long time in the early stages, and the low-level chips have been mostly accumulated. Moreover, over 90% of holdings in the front positions indicate very strong control, and this coin has already risen for a long time with prices not declining and substantial position volume, so this coin has a high probability of continuing to take off. Low-level retail whales likely built quite a few long positions. If the funding rate turns negative when pulled up, you can earn even from negative funding rates. The probability of liquidating longs in the short term is very low, and the probability of a crash is also quite low—if it were going to crash, it would have done so long ago.

In terms of pattern, the daily timeframe is tentatively anticipated as an ascending wedge, with smaller timeframes in a pullback stage. The lower support line is about to be touched below, so you can enter long positions around the current price of 0.052, with expected averaging down around 0.05, and stop loss decisively if it breaks 0.048-0.049. Once it rises again, the target is at least above 0.07, and the risk-reward ratio is quite attractive. You can try to profit from the second rise. #加密市场回涨 #BTC突破71000美元