BASED, basically speaking, is a “newly risen little brother” in the BRC‑20 inscription crowd on the Bitcoin chain, who’s come up behind and overtaken others. It was born together with ORDI first—at the beginning it was just an unremarkable niche experimental coin, with little presence in the inscription circle, and not much attention from funds; it had always been quietly lurking in the corner, unknown and unnoticed. But recently, once the Bitcoin market stabilized, sentiment in the inscription circle slowly warmed up. Funds began to band together to look for targets. Because BASED has a small trading “plate” and concentrated holdings, funds pulled it up immediately—straight into a vertical surge. It jumped more than 130-plus percentage points in a single day, surged to nearly 0.19, and became the inscription circle’s dark-horse internet sensation.



It follows the same playbook as ORDI: it’s completely bound to Bitcoin—when Bitcoin goes up, it goes up; when Bitcoin goes down, it falls even more sharply. It’s a typical short-term sentiment coin. Now, this kind of violent pump has pushed the indicators into the overbought zone. Sentiment has peaked, and a pullback could happen at any moment—absolutely do not chase the price up now.

In terms of execution, go with the “buy low” thinking: wait for it to retrace and consolidate in the 0.1650‑0.1700 range before entering—that’s the most solid support. If it pulls back even deeper, 0.1500‑0.1550 is also a defensive low-buy opportunity. The stop-loss must be set below 0.1450; once it breaks, immediately admit the mistake and exit—don’t hold the position through it. For take-profit, first look at around 0.2000‑0.2020 to take off half; if Bitcoin keeps staying strong, then look at 0.2150‑0.2200 to fully clear and exit. Overall, keep a light position, enter and exit quickly—treat it as a sentiment-driven target, and don’t hold it long-term. $GT $ETH $BTC
GT1,28%
ETH-0,69%
BTC0,58%
View Original
post-image
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
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin