$QNT is approaching the 373 zone; will there be a sudden breakout tonight?
The movement of QNT lately reminds me a lot of ZEC. Without loud publicity or hype-driven news, it quietly advances as if inevitable. Looking back at the previous 160 USD level, when I thought it had already nearly tripled from its low of 62 USD and thus struggled to rise further, I realize I missed it. The issue has never been whether the price is high or low, but rather my own hesitation in making decisions.
Tonight, a boost from Bitcoin continues to push QNT further in an impressive manner. Despite a minor pullback immediately after, the price remains firmly anchored at a very high support level compared to yesterday. When Bitcoin moves too violently, traders generally reduce their positions to avoid liquidation, then shift capital toward altcoins with strong positioning to optimize profit-taking. QNT is clearly benefiting from this rotation.
However, I don’t expect an explosive breakout tonight. Prices move according to capital flows, not personal desires. The wave of speculative momentum brings rapid upward movement but also carries significant risk if capital suddenly withdraws.
