@leifjacob
When altcoins spike on news like listings or partnerships, distinguishing between short-term event trades and fundamental revaluations is critical. Event-driven rallies often show concentrated volume on a few venues, shallow order book depth, and quick retracements. A true re-rating requires sustained inflows, ecosystem traction, or recurring utility. Monitoring on-chain activity, treasury growth, and follow-through announcements helps identify whether the rally persists. If hype-driven, liquidity fades quickly; if structural, new support zones emerge. Differentiating these dynamics prevents mistaking temporary exuberance for durable valuation upgrades.