If you've followed some cryptocurrencies supported by physical mining machines, you might notice an interesting phenomenon: they periodically experience a surge in price, making investors excited, and then market enthusiasm rises, making mining machines easier to sell.

DCR (Decred) is a typical example. Recently, its price has been quite volatile, dropping nearly 4% in a day, but then quickly rebounding at other times, with daily gains exceeding 12%. This switching between rise and fall is driven not only by market sentiment but also by the unique "metallic attributes" of mining coins.

What are "metallic attributes"? Simply put, these coins are backed by real mining machines, unlike purely algorithmic or community coins that are "virtual." Mining machine vendors need to sell equipment, recoup costs, and make profits. The most direct way is to push the coin price up to attract more people to buy mining machines. Therefore, you'll often see these coins undergo one or two obvious price surges each year—almost synchronized with the new product release cycles of mining machine vendors.

Looking at recent data for DCR: the price fluctuates between $21 and $26, with a daily trading volume of nearly 4 million USDT, and over 62% of the tokens are staked, hitting a recent high. What does this indicate? Some market participants are accumulating coins, some are planning their strategies, and others might be preparing for the next market wave. From a technical perspective, the MA moving averages are in a bullish alignment, and the MACD still shows momentum—despite short-term bearish signals, there is still support in the medium to long term.

More importantly, the fundamentals: Decred has just approved a treasury spending upgrade and has also reduced miner rewards. This means future token issuance will be tighter, and network development will accelerate—these news events are often the best "story material" before a price surge.

So, if you're paying attention to DCR and similar mining coins, remember this rhythm: they usually only do a major move once a year. Price surges are not forever; they are meant to sell mining machines, clear inventory, and attract attention. After the hype subsides and prices fall back, it's time to observe calmly.

Never be thrown off by sudden price swings. Understand the underlying logic so you won't be misled by the "stories."

The world of mining coins is like changing seasons, with its own rhythm. Getting in at the right time is an opportunity; missing it is a risk. Keep your eyes sharp and grasp that "once-a-year" rhythm, and perhaps you'll be able to navigate this land more steadily. $DCR ‌#加密市场回调