RESOLV on-chain concentration reaches 48.92%, with chips mostly controlled by large investors. This project adopts a stablecoin model anchored to the US dollar by collateralizing Ethereum and Bitcoin. Due to the underlying assets' price volatility, hedging contracts are used to prevent de-pegging. All such collateralized stablecoins share a common characteristic—heavy reliance on the stability of the collateral's value.
Honestly, since the Luna crash, confidence in this type of stablecoin has not fully recovered.
From a technical perspective, the current price has already broken through the upper Bollinger Band, with the band opening further upward, indicating increasing upward momentum. The MACD indicator has formed a golden cross, trading volume has significantly increased, and market activity is notably more active, suggesting a short-term bullish trend.
But to be clear—this coin is basically hijacked by large investors. Both technically and fundamentally, it can be easily manipulated by a few people. If you decide to participate, don't be greedy; take profits and exit promptly, and don't expect to master the entire market wave.
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LadderToolGuy
· 7h ago
48.92% concentration? Isn't this just a naked game of chips? No matter how good the technicals look, we should stay alert.
The lesson from Luna hasn't been fully learned yet, and now there's another collateralized stablecoin? I really don't have that much courage.
Big players are eating the meat, and we're just happy to sip some soup. Don't think about turning things around.
The MACD golden cross with increasing volume looks promising, but this thing was probably laid out by the manipulators long ago. Retail investors entering are just the bagholders.
Knowing when to stop is too painful to hear, it perfectly describes someone as greedy as me, haha.
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EyeOfTheTokenStorm
· 18h ago
48.92% concentration, this is playing with fire... A single idea from a big holder can crush retail investors.
That Luna wave is still vivid in my mind, and now there's another collateralized stablecoin? I'm really scared.
The Bollinger Bands look nice, and the MACD has also formed a golden cross, but none of that changes the fundamental issue of manipulation. No matter how good the data looks, it can't hide the dead end of concentrated chips.
If you're doing T, you still need to be careful. Don't be blinded by short-term gains; this kind of coin can turn on a dime faster than flipping a book.
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RektRecorder
· 23h ago
48% concentration? That's just a playground for big players. No matter how good the technicals look, it's all in vain.
What has Luna taught us? Why bother coming back?
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GoldDiggerDuck
· 23h ago
Large holders hold 48% of the chips. How should we play this wave of the market? It feels like dancing on someone else's plate.
The shadow of Luna still hasn't faded, and now there's this collateralized stablecoin. It feels a bit uncomfortable.
The technical aspect is indeed beautiful, but the fundamentals are poor. I'm still a bit hesitant with a market dominated by a few people making the decisions.
The Bollinger Bands opening upwards is a good sign, but don't be fooled. A single move by large holders can wipe out retail investors.
This kind of coin is okay for short-term trading, but for long-term holding? I need to see how the big players move first.
The lesson from Luna is still fresh. No matter how high the technical indicators are, I have to view them with a discount.
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defi_detective
· 23h ago
48.92% concentration? This is just a pump-and-dump coin disguised as technical analysis. Haven't learned enough from Luna's lesson yet.
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ConsensusBot
· 23h ago
Large traders controlling the market so aggressively, even the best technical analysis is useless
The shadow of the Luna incident is indeed significant. If it happens again, who can withstand it?
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GasFeeGazer
· 23h ago
48% concentration? This is just a playground for big players; no matter how good the technicals look, it's useless.
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StakeWhisperer
· 23h ago
48% concentration, this is a big whale playground. No matter how good the technicals look, it's useless.
That Luna wave really broke the defense. Now looking at these collateralized stablecoins feels a bit sensitive.
After the Luna incident, I no longer have high expectations for this logic.
Oh wait, do you really trust this collateralization model?
The technicals look good, but how do you play when a big whale is pressing you to the ground?
In the short term, it's bullish, but there's just not enough confidence to bet big.
This market is too small; a single big whale can decide the direction with a wave of the hand.
To put it plainly, this is a game of betting on big whales' moods.
No matter how beautiful the Bollinger Bands are, they can't change the fact of the chip distribution.
MACD golden cross and the like seem especially powerless in the face of 48% concentration.
RESOLV on-chain concentration reaches 48.92%, with chips mostly controlled by large investors. This project adopts a stablecoin model anchored to the US dollar by collateralizing Ethereum and Bitcoin. Due to the underlying assets' price volatility, hedging contracts are used to prevent de-pegging. All such collateralized stablecoins share a common characteristic—heavy reliance on the stability of the collateral's value.
Honestly, since the Luna crash, confidence in this type of stablecoin has not fully recovered.
From a technical perspective, the current price has already broken through the upper Bollinger Band, with the band opening further upward, indicating increasing upward momentum. The MACD indicator has formed a golden cross, trading volume has significantly increased, and market activity is notably more active, suggesting a short-term bullish trend.
But to be clear—this coin is basically hijacked by large investors. Both technically and fundamentally, it can be easily manipulated by a few people. If you decide to participate, don't be greedy; take profits and exit promptly, and don't expect to master the entire market wave.