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I've always been quite interested in this coin—C98. It has an indescribable charm that makes people eager to learn about it and follow along. Sure enough, just yesterday, it staged a "violent surge," with a 24-hour increase of over 31%, jumping from 0.0189 USDT all the way to 0.0251 USDT, making for a lively scene.
Why are so many people willing to pay attention to it? I think the most exciting thing about C98 is that it has really allowed many retail investors to taste some success. In this market, retail investors are often passive followers and easily hurt, but C98 seems to be quietly changing that script. Its movement isn't sluggish; there are opportunities within the volatility, especially at lower levels, where brave buyers can often catch a decent rally when the wind shifts.
Its movement yesterday was quite interesting: it first broke below 0.02, with significant selling pressure, but was quickly supported by heavy buying, pushing it back above 0.023. This "deep V" pattern indicates big funds are active behind the scenes, and retail investors are also jumping in. The MACD has a golden cross, and the moving averages are showing a bullish alignment. From a technical perspective, the short-term momentum looks quite strong.
However, with such a sharp rise, the risk of a pullback must be kept in mind. The RSI is already high, and the pressure to take profits in the short term is building—this is obvious. But then again, isn't every good coin made through volatility? If you believe in the ecosystem, community, and future potential behind it, then each pullback might be an opportunity to re-enter.
I've always felt that C98 has a "retail-friendly" vibe. It’s not entirely aloof or only for big players; instead, it offers ordinary people a chance to participate amid the fluctuations. When the wind isn't blowing, it might quietly consolidate; when the wind comes, it often pulls ahead more sharply and decisively than other coins.
If you've been watching it too, maybe consider holding some position at the right levels. Don't be greedy, don't go all-in—just accompany it for a while and see what kind of story it will tell next.
In short, this surge of C98 isn't just about numbers; it's a release of market sentiment and capital consensus. In this unpredictable market, finding an asset you’re willing to believe in and wait for isn't easy.