EVAA's recent performance is indeed worth关注. Yesterday's daily increase was close to 50%, although there was some correction this morning, but from the 1-hour chart, the downward trend has already stopped, and the price has started to rebound.
From a fundamental perspective, the market cap is in the range of over 7 million USD, while the open interest in the futures market has reached over 8 million, which is quite interesting in comparison. Generally speaking, when small-cap coins have relatively large open interest, it is indeed easier to form a rapid upward movement. After all, limited liquidity means that the capital-driven space will be more apparent.
Combining the current technical and capital aspects, there may be some short-term opportunities at this level. However, a reminder: small-cap coins are volatile and risky, so proper risk management is necessary.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
15 Likes
Reward
15
7
Repost
Share
Comment
0/400
MemeCoinSavant
· 9h ago
lmao that open interest to market cap ratio is literally begging for a liquidation cascade, my thesis on micro-cap volatility predicts pure chaos ahead ngl
Reply0
FlatTax
· 9h ago
A 50% increase—that's the charm of small coins: either explode or go to zero.
Position holdings surpass market cap, leverage games are still ongoing. Be careful of catching the bag.
View OriginalReply0
AltcoinMarathoner
· 9h ago
just like mile 20 in a marathon, these 50% rips are just noise if you're not thinking about accumulation phases. that open interest ratio though... ngl that's spicy from a macro perspective.
Reply0
BlockchainArchaeologist
· 9h ago
A 50% increase, huh? This pace is a bit aggressive. Be careful, you might be the next bagholder.
View OriginalReply0
DancingCandles
· 9h ago
A 50% increase makes me itch to buy, but the proportion of this holding to the market cap... is a bit shaky.
---
Small-cap coins are like this; when funds push in, they fly. The key is not to get caught at the top.
---
With such poor liquidity, be careful not to get caught holding the bag.
---
A technical rebound is a rebound, but this risk is really not something to take lightly.
---
Holding volume greater than market cap? Is this a sign of a dump?
---
I've seen this kind of pattern before; it's usually not good. Still, I'm watching from the sidelines.
---
There are short-term opportunities, but I'd rather miss out than get caught chasing highs.
View OriginalReply0
RektCoaster
· 9h ago
Once again, these small coins with holding volume > market cap are easy to crash, be cautious.
---
A 50% increase sounds tempting, but I never dare to hold large positions in small-cap coins, as they tend to fall harder during corrections.
---
With such poor liquidity, are you still chasing? Unless you're a gambler, you really need to be cautious.
---
This kind of order book structure is basically waiting for someone to take the bait; smart traders should have already pulled out.
---
With such large contract holdings, it's just waiting for a big red candle to shake people out, which is very common.
---
Although it rebounded, I still don't believe it. Small coins often fake a breakout during rebounds, don't be fooled.
View OriginalReply0
WalletDoomsDay
· 9h ago
A 50% increase and then starting to rebound? This pace is a bit fast. Be careful of the fate of the bagholders.
EVAA's recent performance is indeed worth关注. Yesterday's daily increase was close to 50%, although there was some correction this morning, but from the 1-hour chart, the downward trend has already stopped, and the price has started to rebound.
From a fundamental perspective, the market cap is in the range of over 7 million USD, while the open interest in the futures market has reached over 8 million, which is quite interesting in comparison. Generally speaking, when small-cap coins have relatively large open interest, it is indeed easier to form a rapid upward movement. After all, limited liquidity means that the capital-driven space will be more apparent.
Combining the current technical and capital aspects, there may be some short-term opportunities at this level. However, a reminder: small-cap coins are volatile and risky, so proper risk management is necessary.