Mando analyzes crypto volatility
by Tufail: Michael Mando
Mando says crypto volatility has increased massively over the last month and he’s looking for coins where people have lost belief “I actually haven't traded that well over the last month or so. One thing about the way that I trade, it's less market dependent but it is vol dependent” “The volatility has gone up incredible amounts in crypto over this last month” “I think people are forgetting that. A coin like, let's say VVV, it's at $26. It was $18 yesterday. It could just go back to $18 tomorrow. You have to realize that the volatility of trend is much higher” “Pump Fun went from 1.5 to 5. It's not that crazy for it to go down to 4 just from a technical perspective but people give up completely” “That's what I'm kind of looking for in a lot of these at the moment. One with high volatility where the belief has kind of gone”
Transcript (en)
actually haven't traded that well over the last over the last uh month or so like one thing about the way that i trade it's less um it's less market dependent but it is vol dependent and uh the volatility has gone up incredible amounts in in crypto over this last um month and i think people are forgetting that like a coin like, let's say BBV, it's at 26. And like, I think people are still predicting, you know, last month's volatility. Like it was at 18 yesterday. Like it could just go back to 18 tomorrow. And I think you have to realize that the volatility of trend is much higher. So pump fund went from 1.5 to 5, 5.5. It's not that crazy for it to go down to four, just from a technical perspective, but people give up completely. And that's what I'm kind of looking for in a lot of these at the moment. It's like a one with high volatility where the belief has kind of gone,
