The performance of CLO these days has indeed been interesting—like a climber slowly ascending from the bottom at $0.4866. Although there are fluctuations along the way, every time it dips, someone is there to buy the dip, lifting the lows higher and higher. This trend signals that the bullish momentum in the market is continuously accumulating.



Recently, CLO hit a new high of $0.5731, and even after a slight correction back to $0.5641, the daily gain remained solid at 6.70%. The trading volume further confirms the market's heat—24-hour trading volume exceeded 55.5 million USDT, with a total of 104 million in transactions. During the upward movement, the volume was steadily increasing, indicating that new funds are continuously flowing into the market. Those early oscillation ranges now look like stepping stones paving the way for further gains.

From a time cycle perspective, this increase is quite significant: in the past 7 days, it has risen by 46.52%, and over the past 30 days, the increase is 17.50%, demonstrating the strength of the medium-term trend.

**A few strategic suggestions:**

It's best to hold off on chasing the high. A more prudent approach is to wait for the price to retrace to the $0.5400-$0.5500 range, then enter with a small position, especially near recent key support levels. If you want to exit, the first target can be around $0.5700, gradually increasing to $0.5800. If it can break previous highs, then $0.5900 is within sight. For risk management, set your stop-loss at $0.5300; if the price falls below this level, the short-term upward trend will essentially be invalidated.

My personal view is that the steady rise of CLO is the result of continuous bullish energy accumulation. As long as it doesn’t hit the $0.5300 stop-loss line, there’s good reason to remain bullish. For those shorting, in this stable upward trend, it’s better to hold off—counter-trend trading will only be crushed by the market. Longs should patiently wait for retracement opportunities; buying at lower levels will solidify the profits from this upward move.
View Original
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.
  • Reward
  • 10
  • Repost
  • Share
Comment
0/400
RealYieldWizardvip
· 10h ago
Well, CLO this time is indeed interesting. The moderate increase in trading volume feels like genuine accumulation. Wait until the 0.54-0.55 range to take action, don't chase the high and get caught. If 0.53 breaks, just run; this judgment is quite cautious. A 7-day increase of 46.52%, this bullish wave is serious. Let's see if it can break through 0.59; if it does, there will be a new story. The guys who bought in early should be smiling happily now.
View OriginalReply0
RugResistantvip
· 14h ago
Is this the same narrative of "bullish gathering" again? Can the market really go up every time it's said like this? I see CLO slowly climbing from $0.4866, but to be honest, chasing high now would be a big mistake. Waiting for it to reach $0.54 before entering a position is not too late.
View OriginalReply0
SmartContractPlumbervip
· 01-10 01:17
If the 0.53 line really breaks, we need to carefully examine whether the contract support for this wave of market trend is problematic, so as not to be caught off guard by permission vulnerabilities or reentrancy issues.
View OriginalReply0
BrokeBeansvip
· 01-08 09:01
CLO's recent momentum has indeed been strong, but I still think chasing the high now is too greedy. Just wait for it to pull back before getting in. The group that bought the dip has made a lot of money. I'm still a bit nervous with my stop-loss set at 5300.
View OriginalReply0
DeFiCaffeinatorvip
· 01-08 09:00
The mountain climbing analogy is good, but I think it's more like playing jump jump fun; staying steady around 0.57 is the real achievement.
View OriginalReply0
OvertimeSquidvip
· 01-08 09:00
46% seven-day increase, how impressive is that? Could it be that the whales are playing tricks again?
View OriginalReply0
FastLeavervip
· 01-08 08:59
Wait, is the 7-day increase of 46.52% really true? It seems a bit unbelievable...
View OriginalReply0
fomo_fightervip
· 01-08 08:54
Wait a minute, this increase is a bit fierce, 46% in 7 days? I'm afraid I'll get cut again. There are indeed people buying into CLO this time, but I still feel it's a bit suspicious... We agreed it would retrace to 0.54, so why is it still rising? Mildly increasing volume sounds comfortable, but could it be a false prosperity? Can the 0.53 stop-loss hold? I have my doubts. It's again bullish accumulation and low-level buying... the same old tricks. Made a little profit and want to run, but I keep getting persuaded to wait a bit longer.
View OriginalReply0
DeFiChefvip
· 01-08 08:46
46% weekly increase... That's quite impressive, but the question is, after the pullback, can we hold? --- Wait, a daily trading volume of 55 million USDT— is this hype real? --- Honestly, I'm more concerned about whether 0.53 can hold. If it breaks, it feels like it's all over. --- The metaphor of stepping stones is pretty good, but sometimes stepping stones can also collapse. --- I agree with the small position layout at 0.54-0.55, but in this kind of market, pullbacks usually don't return to that level. --- I've heard the bullish accumulation argument too many times... in the end, it's just a crash. --- 7 days with a 46% increase... The past couple of days of following the trend, they must all be bagholders, haha.
View OriginalReply0
Whale_Whisperervip
· 01-08 08:43
Damn, it's another lukewarm water boiling frog pattern, a bit addictive... --- $0.57 broke, and you still want to chase? I advise you to stay calm and wait for $0.54 --- This bullish trend has some strength, but don't be fooled by false breakouts --- Is the volume gently increasing? That just means the main force is accumulating, I see through their tricks --- I agree with the stop-loss at $0.53, but the question is can it hold? Haha --- A 46% increase in seven days is the easiest to reverse; be careful not to become a leek --- I just like this "stepping stone" analogy, it sounds comfortable, but small positions are really key --- It's really time to give up on shorting; this is following the trend --- Is it possible that $0.57 is the top? Just asking --- I have no patience for a pullback; those who bought in the morning can now pop the champagne
View OriginalReply0
View More
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)