Airdrops often see initial volatility as recipients rush to sell tokens. The real long-term value depends on the project’s fundamentals—its utility, community, and roadmap. Projects with strong backing tend to hold more value than speculative ones.
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Whale movements—large transactions from big holders—can significantly impact smaller investors by causing sudden price fluctuations. When a whale buys or sells a large amount of a cryptocurrency, it can create sharp price swings, triggering fear or excitement in smaller traders. This can lead to panic selling or FOMO buying. Additionally, whales can manipulate market sentiment by spreading rumors or engaging in coordinated buying/selling. Smaller investors often react to these moves without understanding the larger context, which can lead to ill-timed decisions and increased market volatility. Monitoring whale movements can provide insights into potential market shifts.
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The RSI is a momentum oscillator that helps traders gauge whether an asset is overbought or oversold. A reading above 70 suggests the asset might be overbought and due for a price correction, while a reading below 30 indicates oversold conditions, suggesting a potential rebound. In volatile crypto markets, the RSI can help traders spot overextension in either direction, offering key entry or exit signals. However, it’s most effective when used alongside other indicators to confirm price trends and reduce false signals.
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